Guayaquil, the leading destination of remittances

Image: Expreso

Guayaquil has more migrants earning salaries in other parts of the world. And that translates into a foreign exchange allocated to their city. At least, let’s analyze the statistics on remittances received last year.

Guayaquil city was the leader in money received: 561 million dollars or 24% of the total cities participating. The second city in the list is Cuenca, with 409.7 million dollars, Quito, 348.0 million dollars and Azogues, with 81.8 million dollars: together these cities landed 59% of the total, according to the Central Bank of Ecuador (BCE). (I)

Original source in Spanish: http://expreso.ec/economia/guayaquil-el-destino-lider-de-las-remesas-KD162804

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