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March 1, 2022
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Remittances in January increase 20% in January

Remittances in January increase 20% in January

In January 2022, 98.6% of total income from remittances was made through electronic transfers, remittances made in cash and in kind and money orders they represented 1.0 and 0.4% of the total amount, respectively.

If remittances in January are compared to those of the previous month, the figure means a drop of 17%, according to information from the central bank.

The average remittance for January was 371 dollars, an increase of 8.3% compared to 2021.



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