remittances in Mexico

End in March of 46 months of increase in remittances

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End in March of 46 months of increase in remittances

Mexico City. The flow of remittances that Mexico received in March 2024 registered an annual drop of 3.3 percent, which put an end to a streak of 46 months of increases, which began in May 2020, that is, at the beginning of the confinement due to the covid-19 pandemic, official data reveal. According to figures … Read more

Strength of the peso reduced income from remittances: BBVA

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Strength of the peso reduced income from remittances: BBVA

Mexico City. The strength of the peso against the dollar caused the flow of resources that families obtain from the income from remittances sent to them by their relatives abroad to fall by 15 percent during March, BBVA announced. This morning, the Bank of Mexico (BdeM) reported that during March the remittances received by the … Read more