Mexico | Remittances reach maximum growth & record of year, +13.1% & 2,266.4 million USD
Published on Friday, October 2, 2015 | Updated on Friday, October 2, 2015
Mexico | Remittances reach maximum growth & record of year, +13.1% & 2,266.4 million USD
Summary
Households in Mexico received 38.2% more remittances in pesos after inflation during August 2015 compared to the same month last year. The sharp appreciation of US dollar experienced in previous months encourages Mexican immigrants to send remittances more frequently and in larger amounts
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Migration
Tags
- Tags
- Remittances
Authors
Juan José Li Ng
BBVA Research - Senior Economist
Alfredo Salgado