Remittances

REMITTANCES
Remittances Recover

4/6/2024 | After a 3.4% drop in March, remittances grew by 8.3% in April. Due to inflation and the appreciation of the peso against the dollar, in April 2024, households in Mexico received 4.1% less in remittances compared to April 2023.

BANK OF MEXICO
Remittances fall

2/5/2024 | Thus, in March 2024, with an average exchange rate of 16.84 pesos per dollar, Mexico received approximately 84.6 billion pesos in remittances

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