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Expatriates boost remittances by 4.1%

By Petra - Apr 06,2014 - Last updated at Apr 06,2014

AMMAN — Jordanians' remittances went up  by 4.1 per cent until the end of March, standing at $550.1 million, up from $528.6 million in the same period of last year, according to the Central Bank of Jordan (CBJ). A CBJ statement attributed the increase to the recovery of countries hosting Jordanian labourers from the global economic crisis repercussions, noting that the rise has contributed to providing the Kingdom with the needed foreign currency to fund economic activities in different sectors. 

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