Mexico | Remittances grow 9.1% in August completing 29 consecutive months of growth
Published on Monday, October 1, 2018
Mexico | Remittances grow 9.1% in August completing 29 consecutive months of growth
Summary
The dynamics of remittances are explained firstly by the number of transactions recorded, which increased by 5.0%, and secondly by the 3.8% increase in the average amount of remittances. In real terms, remittances grew by 9.9%, mainly due to the exchange rate effect.
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Migration
Tags
Authors
David Cervantes Arenillas
BBVA Research - Senior Economist
Juan José Li Ng
BBVA Research - Senior Economist