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Economic recovery abroad drives record flow of remittances to Ecuador

RIO DE JANEIRO, BRAZIL - The economic recovery in the United States, Spain, and Italy, among other factors, has also allowed a rebound in the flow of remittances that arrived at the country in the first half of the year, with a record of US$2.008 billion, the Central Bank of Ecuador (BCE) informed on Tuesday, October 5.

The number of remittances during the first half of the year was 43.62% more than that observed in the same period of 2020, when it reached US$1.398 billion, the Central Bank specified in a report.

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