Remittances: thanks to devaluation, families received $5 billion more – Sectors – Economy
The households that receive money orders from relatives who work abroad received almost five billion pesos more than what would have come to them if the peso had not weakened as it did in 2022.According to the Bank of the Republic, remittances broke their record for the eighth consecutive year, and 9,429 million dollars arrived in the country for this concept, an increase in dollars of 9.7 percent.(Also read: Dollar in Colombia: what is the reason for its downward trend?) But the harsh devaluation of the peso last year —which was concentrated in the second semester with 18 new dollar…
