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Remittance inflows rose 3.1% for January, February

The Bank of Jamaica has disclosed that remittance inflows climbed by 3.1% to US$515 million for January and February when compared with the same period last year. 
 
This compares with growth of 15%, 8.2% and 0.6% recorded for El Salvador, Guatemala, and Mexico, respectively. 
 
The bank says 72 per cent of this amount came from the USA, nearly 12-per cent from the UK, eight per cent from Canada and seven per cent from The Cayman Islands.
 


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