Mexicans living abroad, primarily those working in the United States, are adding billions of dollars to the Mexican economy, and this year marks the second-highest amount since Mexico’s central back starting keeping records 24 years ago.
Mexico Daily News reported that in July Mexicans sent home $3.27 billion — 14.4 percent higher than they sent in July of 2018. The number of transactions was up by 9.1 percent and the average amount of a transaction was up five percent to $340. Continue reading “Report: Mexicans Sent Home $3.27 Billion in Remittances — Mostly from the U.S.”