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LatinNews Daily - 21 August 2019

In brief: Remittances to El Salvador up 3.9% in first seven months

* El Salvador’s central bank (BCR) has released new figures which show remittances totalled US$3.23bn in the first seven months of 2019, up 3.9% on the same period in 2018. According to the BCR, the US remains the main source of remittances, accounting for 94.9% of the total. The European Union (EU) accounted for 1% of the total. As regards El Salvador’s neighbours, remittances to Guatemala over the same period reached US$5.87bn (up 12.6%) while Honduras received US$3.087m (up 10.8%).