LatinNews Daily - 1 August 2023

In brief: Remittances to Nicaragua rise

* Nicaragua’s central bank (BCN) has released new figures which showed that remittances to the country totalled US$1.19bn in the second quarter of 2023, up 56.5% year-on-year. The US was the main source of remittances, accounting for 83.2% of the total, followed by Costa Rica (6.6%) and Spain (5.6%). Remittances in the first half of the year totalled US$2.22bn, up 58.6% year-on-year.

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