GUATEMALA: Guatemalan remittances rose 15.1% in January 2011

Guatemala City. Revenues through remittances increased by 15.1 percent in January 2011 compared to the same month in 2010. The Bank of Guatemala revealed yesterday that January 2011 showed revenues of $ 283.3 million. Although this amount is higher than January 2010, when revenues where at U.S. $ 246.1 million, it has not yet reached the levels of 2009, revenues of US $ 290.2 million, or U.S. $ 314.6 million of January 2008. Read more