My mom and siblings lives and work in the US. I always receive a monthly remittance from them for my expenses here in the Philippines. It really helps me a lot because I’m a CPA (Certified Palamunin Ako) and a PFL (Pensionado For Life)! hehe! Having a family member or loved ones working abroad is truly a blessing to us. That’s why we have to give importance and protection for every centavo they send. Especially now we’re facing an economic crisis and the dollar to philippine peso exchange rate is always low. So if you’ want to know when is the right time to convert your dollars to local currency for a higher rate, visit Bangko Sentral ng Pilipinas.
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