ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received …
Read More »Peso set to ride remittance wave on Philippine holiday spending
BLOOMBERG The Philippine peso has outperformed its Asian peers this year and a seasonal pick-up in overseas remittances ahead of Christmas will likely extend the gains. Remittances are a key pillar of the nation’s economy, which typically receives the highest cash transfers in the last month of the year as workers send money home for holiday spending. The inflows have …
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