Remittances to Honduras Up 11.6%
Wednesday, August 7, 2013
During the first seven months of 2013, remittances to Honduras added up to $1.8 billion, $187 million more than in the same period in 2012 when they were $1.613 billion.
According to the president of the Central Bank of Honduras, Maria Elena Mondragón, remittances "have increased despite the U.S. unemployment rate remaining high".

Most remittances to the Central American country are from the United States, however, money is also sent from Canada, Spain, Mexico, Italy and other countries.

Proceso.hn reports: "In 2012 remittances totaled about $2.8246 billion, 3.7% higher than in 2011, when they totaled $2.7224 billion, according to the BCH".
Source:proceso.hn
Source:proceso.hn
More on this topic
21.8% Increase in Remittances to Honduras
November 2013
The human tragedy of Honduran migration is partly offset by an increased flow of money being sent home by those working abroad.
Between January and October remittances totaled $2,9 billion, $520 million more than in the same period in 2012 when they reached $2.38 billion.
Remittances to Honduras Up 11.6%
October 2013
Between January and September remittances to Honduras totaled $2.28 billion, $181 million more than in the same period of 2012.
According to the Central Bank of Honduras, remittances are the main source of foreign exchange in the country, more than coffee exports, manufactured products, shrimp and all other goods. In September alone remittance income totaled $246 million.
Remittances to El Salvador Up 3.5%
September 2013
During the month of August remittances to El Salvador totaled $326.6 million, $11.2 million more than in the same period in 2012.
From a press release issued by the Central Reserve Bank of El Salvador:
Nicaraguan Remittances Increase Slightly
June 2010
In the first four months of the year, remittances to Nicaragua increased 2.7% when compared to the same period of 2010.
The figure has been growing since February, ending 12 months of continued decreases.
Key entities
Central Bank of Honduras María Elena Mondragón
Countries
Honduras United States of América Canada SpainMexico Italy
Insight
Economics
RELACIONADO
Central Bank of Honduras
Economics
Remittance
Remittances
Remittances increase
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