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Honduras sees remittances boom from U.S.

Tuesday, June 17, 2014


Honduras is expecting a boost in remittances this year after the U.S. announced an increase to the minimum wage in 120 cities.

Remittances to Honduras are expected to total $3.2 billion this year, according to central bank forecasts.

About 88 percent of Honduran immigrants go to the U.S., particularly to Illinois, California, Texas, Florida and New York.

Full story (in Spanish)