Tuesday, 27 October 2020

Guatemala remittances hit record US$1 Billion a month

For the first time in its history, Guatemala received $1 billion (7.7 billion Quetzales) from its emigrants in remittances in a single month.

The record was set last month. And from January through October remittances totaled $8.7 billion, a year-on-year increase of 13.8%.

- Advertisement -

The trend in October has continued since May when a high of US$974 million dollars was recorded, attributed at that time to the effect of Mother’s Day; in July for US$947 million and in August for US$980 million, according to official figures.

 

- Advertisement -
Q Costa Rica
Reports by QCR staff

Related Articles

UN: Violence, COVID-19 Create Displacement Crisis in Central America

The U.N. refugee agency UNHCR reports worsening violence and hardship caused...

Central American migrants: The tragedy in the midst of the pandemic

Those who stayed face a precarious reality, with job losses, overcrowding,...

MOST READ

Gasoline prices will be cheaper on Wednesday

QCOSTARICA - On Wednesday, October 28, the lower fuel prices for Super, Plus 91 and Diesel fuel will go into effect. Prices at the pumps...

Political parties turn their back on Government’s second attempt at dialogue

QCOSTARICA - The second attempt at dialogue by the Executive Power to define the route to follow in search of a solution to the...

COVID-19 in Costa Rica; 1,210 cases for Friday, Oct 23;

QCOSTARICA - As of Friday, October 23, the country registered 1,210 new cases of COVID-19, of which 313 are by epidemiological link and 897...

Costa Rica Will Soon Be Back Open to U.S. Citizens

The outbreak of the novel virus COVID-19 has resulted in more than one million Americans applying for job seeker benefits. While some are scrambling...

With the dollar rising, should I transfer my loan or my savings from the currency?

QCOSTARICA - The change in the exchange rate of the dollar against the colon is an aspect that causes many concerns and nervousness, not...

Recent trend of the R rate in Costa Rica

QCOSTARICA - The R rate of COVID-19 in Costa Rica, estimated with the most recent data from October 21, 2020, is R = 0.98...

Let's Keep This Going!

To be updated with all the latest news and information about Costa Rica and Latin America.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.