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Remittances grow strongly in Jan. 2011 (UPDATED Mar 17)

Saturday, 19 March 2011 08:00

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Source: IFAD (press release)
By: Robert W. Meins

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10 of 15 central banks reporting show year-on-year growth of 10% or more in January of 2011. Only Brazil is showing a slight decline to date raising hopes for stronger remittance growth in the year to come, according to IFAD.