The Bank of Jamaica is reporting that total remittance inflows from January to October of last year dipped by 0.1% to US$2.793 billion, when compared with the corresponding period in 2023.
The central bank has also reported that Guatemala, Mexico and El Salvador recorded increases in remittance inflows for the corresponding period.
The BoJ is also reporting that 67.7% of the country's remittance inflows came from the USA for the months January to October last year, down from the 69.5% recorded during the corresponding months in 2023.
The BoJ also says 11?me from the UK, 10.7% from Canada, while the Cayman Islands accounted for 6.2 of remittance inflows.
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