Remittances from Nicaraguan migrants mark new record, passing $4 billion
Nicaraguan migrants sent relatives back home record remittances this year through November, data from the country's central bank showed on Wednesday, fueled by massive waves of migration leaving the Central American nation in recent years. In a statement, the bank noted a record haul of about $4.24 billion in remittances for the 11-month period, 47% more than the amount sent home during the same period last year. The money sent home by Nicaraguan migrants represent a key lifeline for the economy
Source: aol.com
