Venezuela to halt sending of remittances to Colombia
The Venezuelan government announced Tuesday that it will be temporarily suspending the sending of remittances to Colombia in an attempt to stop the outflow of dollars from the country.
The Venezuelan government announced Tuesday that it will be temporarily suspending the sending of remittances to Colombia in an attempt to stop the outflow of dollars from the country.
Grupo Exito, Colombia’s largest retailer, on Wednesday announced an alliance with US online money transfer service Xoom to include 200 of the supermarket’s stores in the network where money can…
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…
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…
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…
Remittances sent from Colombians abroad dropped 10.5 percent in the first six months of 2010, according to a report by Colombia’s central bank. Colombians receive the most money from familiy…
New figures show that Colombians working abroad are sending less money home for the third year in a row. Analysts blame the crisis in Europe and the faltering recovery of…
A report released by Colombia’s Banco de la Republica shows that remittances sent by foreign banks to the Andean nation are down 17.7% for the first three months of 2010…
Colombia‘s current account deficit for the first nine months of 2009 is equivalent to 2.1% of the country’s gross domestic product for the period, the central bank said Monday. The…