Venezuela to halt sending of remittances to Colombia
The Venezuelan government announced Tuesday that it will be temporarily suspending the sending of...
Tag: remittances
Colombia receives $3.78B in remittances
Colombia has received $3.78 billion through remittances from Colombian workers sending money back home, according to central bank figures up to November 2011, reported newspaper El Espectador Wednesday. The amount of remittances...
Remittances increased in second half of 2010 but prospects still weak
Remittances sent by Colombians working abroad increased by 5.3 percent between June and November 2010 to complete six months of recovery, reports Portafolio. The increase of $102 million resulted in a total of $2.05 billion for...
Colombians abroad send less money home
Colombia’s Ministry of Economic Development reports that since 2008 there has been a steady decrease in remittances that Colombian’s abroad are sending to their families at home. In the past two years, the value of...
