Friday, May 1, 2009

High Foreign Exchange Rates for OFW Remittances

Overseas Filipino Workers (OFWs) are the Philippines' unsung heroes. They work overseas away from their loved ones to give them a better life. OFW remittances are said to be the backbone of the Philippine economy. High foreign exchange rates give families of OFWs greater purchasing power. The big amount of money (mostly US dollars) at their disposal is what reportedly makes the Philippine economy afloat. To get updated with foreign exchange rates, HERE's a great resource from the Bangko Sentral ng Pilipinas (BSP).

Statistics show that the number of OFWs are continually increasing due to the high demand for OFWs. They are known for their professionalism, friendliness and dedication to work. They're being English speakers are a big advantage also. Way to go, OFWs! Keep our country proud with your work excellence and competitiveness.

This Labor Day, we pay tribute to our Pinoy workers, especially OFWs, for their hard work and generosity of spirit. Mabuhay kayo! :)

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