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Published on Wednesday, May 2, 2018 | Updated on Friday, May 4, 2018

Mexico | Remittances up 4% in March, making four months in a row of growth

The low level of unemployment and the growth outlook in the US allowed remittances to continue to increase. In real terms, remittances continue to decline due to the combined effect of the CPI and the relative stability of the exchange rate. Colima (21.8%) and Baja California Sur (17.3%) were the states with the biggest increases in remittances.

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