* El Salvador’s central bank (BCR) has released new figures which show remittances totalled US$3.7bn in the first eight months of 2019, up 4.1% on the same period in 2018. According to the BCR, the US remains the main source of remittances, accounting for 94.95% of the total. The European Union (EU) accounted for 1% of the total, while remittances from Central America made up 0.3% of the total. As regards El Salvador’s neighbours, remittances to Guatemala over the same period reached US$6.86bn (up 12.8% on the first eight months of 2018) while Honduras received US$3.09bn (up 10.8%).
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