Remittances to Honduras Up 9.4%

In the first nine months of the year Hondurans living abroad sent back $2,557 million, up 9.4% on the same period in 2013.

Monday, October 13, 2014

Most of the remittances were from the United States, however, shipments from Canada, Spain, Mexico, Italy and others were also recorded.

Latribuna.hn reports that "... Between January and September remittances were higher by $219.6 million (9.4%) compared to that period last year, when they reached $2.338 million. "

"... In September the Central American country received $359.5 million in remittances, which are the main source of foreign exchange for Honduras, above exports such as coffee, maquila products, shrimp and others. "

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Only in February, $404.9 million were raised, equivalent to 1.8 million remittance operations, including mobile phone top-ups, informed the Central Reserve Bank (BCR).

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In accordance with the behavior that has been reported in recent years, in 2018 the country received $1.5 billion in family remittances, 8% more than that recorded in 2017.

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Honduras: 9% Increase in Remittances up to June 2018

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During the first six months of 2018, remittances received from abroad totaled $2.349 billion, 9% more than in the same period in 2017.

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Between January and September remittances to Honduras totaled $2.28 billion, $181 million more than in the same period of 2012.

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