Luis is an immigrant worker from Ecuador. Like most immigrants, he sends money to his family back home. He doesn't blame the remittance companies for taking their cut. He just appreciates the fact that the service is there.

Ecuador uses the US dollar as official currency, and thus, Ecuadorians do not lose so much money from the exchange rate spread. Immigration from Ecuador to the United States increased after dollarization.

asmallpercentage.journalism.cuny.edu/

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