Weekly Report - 22 November 2005

EL SALVADOR | Remittances rising steadily. The US$231.8m in remittances received in October took the accumulated inflow in the first 10 months of the year to US$2.3bn, or 10.8% more than in the same period of last year. The bulk has come from the US, where 2.3m of the estimated 2.5m Salvadorean expatriates live and work. The central bank is cautiously projecting for this year as a whole an inflow of US$2.74m, or 7% more than in 2004.

End of preview - This article contains approximately 340 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

• Subscribe
• Sign up for a one-time, 14-day trial