October 2, 2024
Mexico | Bonanza: Exchange rate boosts 17% real growth in remittances in August
Large fluctuations in the USD/MXN exchange rate impact Mexican migrants' decisions on the amount to remit. In August, the peso depreciated 5.4%, which boosted a 9.3% growth in remittances to Mexico in dollars and an increase converted into pesos of 17.0% in real terms.
- Types of files Downloads:
- Files