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El Salvador first-quarter remittances fall by $25 million

Wednesday, April 17, 2013

El Salvador received $920 million in remittances from January through March this year, the central bank said.

The number is $25 million less than the amount the country received during the same period last year.

The drop is attributed to a low employment rate in the United States, where most Salvadoran migrant workers live.

Full story (in Spanish)