Saturday, 12 September 2009

GUATEMALA: Remittances to Guatemala Down Nearly 10 Percent

GUATEMALA CITY – Guatemala’s central bank announced Thursday that the sending of remittances from abroad into the country fell by 9.7 percent between January and August compared to the same period last year.

In the first eight months of 2009, $2.64 billion flowed into the country in the form of remittances compared to $2.92 billion sent by Guatemalans living abroad last year, the Banco de Guatemala said.

Last month, remittances totaled $337.44 million, some 10 percent less than the $373.53 million received during the same month in 2008, the bank said on its Web page.
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