Remittances to Mexico increased 15 % in January and September

Between January and September, remittances from Mexicans abroad to the country increased 15 %, reaching US$ 42,964 million

In its report published this Tuesday, the Bank of Mexico presented a positive balance on the remittances that the country has received from January to September, concluding with an increase of 15 % that becomes a contribution to the local economy of US $ 42,964 million.

Remittances sent by Mexicans abroad to their families in the country of origin have been increasing for 29 months, in fact, according to Banxico. Regarding the January-September period, an individual shipment of $390 is recorded, with a slight increase of 4.25 % compared to the $374 for the same period of the previous year.

According to the financial organization, operations were registered in that period for US$ 110.12 million, the highest and most significant figure of which there is a record in the case of electronic transactions.

Remittances have maintained a sustained increase since May 2020. Regarding this trend, the nation’s President, Andrés Manuel López Obrador, has repeatedly thanked Mexicans residing in the United States for the shipments, calling them “heroes.”


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Source: finanzasdigital

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