Remittances to Low and Middle Income Countries in 2022 Up by 5% to $626 Billion — Latest World Bank Report – Economics Bitcoin News

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Factors that contributed to the slower rate of growth in the value of remittances sent to low and middle-income countries include the ruble’s appreciation and the weaker euro. russianruble

Remittances to Low and Middle Income Countries in 2022 Up by 5% to $626 Billion — Latest World Bank Report

Commenting on the report, Michal Rutkowski, a global director for social protection and jobs at the World Bank, said:

 

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The dollar goes alot further in those countries than it does in the US or a Western country. This is why its increased...but what do I know lol

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Tether would be good for them

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