Wednesday, 24 August 2016

Peru remittances

Remittances to Peruvian amounted to US$721 million in 2016's second quarter.
Representing an 8% increase from the same period last year, Peru's Central Reserve Bank (BCR) reported

First position by USA. Remittances from the United States accounted for 26% of the total (between April and June 2016).

Chile held the second position (10%) with a 13% growth, followed by Italy (up by 38%).

Likewise, remittances from expatriates in Japan and Argentina grew by 9% and 25%, respectively. However, Spain-originated flows decreased 2%.

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