Personal remittances are transfers in coins or in kind, in addition to capital transfers between families.
In the seven months to July, the upward thrust in non-public remittances slowed sharply to two.9 percent – from 7.4 percent a year in advance – at $sixteen.92 billion from $16.Forty four billion.
Cash remittances coursed via banks totaled $2.Thirteen billion in July, down five.Four percent from $2.25 billion registered in July 2015. In June, coins remittances totaled $2.33 billion.
In the first seven months of the year, the 3 percentage boom price in coins remittances turned into slower compared with 7.7 percentage in January to July 2015