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LatinNews Daily - 23 March 2023

In brief: Remittances to Nicaragua surge

*Nicaragua’s central bank (BCN) has released new figures which show remittances to the country totalled US$330.6m in February, up 4.3% on the previous month and 63.5% on the same month in 2022. Of the total, 81.4% came from the US, followed by Costa Rica (7.9%), Spain (6.2%) and Panama (1.2%). In the first two months of 2023 remittances totalled US$647.6m, up 63.2% on the same period in 2022.

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