Remittances to Mexico down sharply - Los Angeles Times

Remittances to Mexico down sharply - Los Angeles Times
MEXICO CITY — Mexico's reeling economy received another jolt of bad news Monday with reports of the largest monthly decline yet in the amount of money Mexicans working abroad send home.

Remittances for the month of April totaled about $1.7 billion, 18.6% less than the $2.1 billion recorded in April 2008, Mexico's central bank said.

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