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Remittances to El Salvador surge in January by some 7.3 percent to $267 million

Wednesday, February 15, 2012

Remittances to El Salvador reached $267 million in January this year, the Central Reserve Bank of El Salvador reported.

The amount shows remittances grew 7.3 percent compared with January of 2011.

Remittances represent around 16 percent of El Salvador's gross domestic product.

Source (in Spanish): La Prensa