Mexican Remittances Experience Significant Decline
14 Articles
14 Articles
Mexico captured $5,214 million in remittances in September of this year. This result involved a negative annual variation of 2.7 percent, which resulted in six months with red numbers, according to information from the Bank of Mexico (Banxico).The September data was the result of 13.2 million transactions, with an average shipment of $396. Thus, a 4.7 percent decrease in the number of shipments was presented, but a 2.1 percent increase in the am…
The collection of income from family remittances decreased 2.69 percent in the country during last September, so it reduced its sixth decrease at annual rate. Once the movement was incorporated at annual rate of September 2025, the remittances were placed at 5 thousand 214 million dollars, according to data from the Bank of Mexico (Banxico). It is worth mentioning that the remittances anticipated by the Bloomberg consensus for September were 5 t…
Chihuahua, Chih.- In the first nine months of the year, the state of Chihuahua received $996.6 million (mdd) for remittances, an annual reduction of 10 percent, having recorded a thousand 107.3 mdd in 2024, according to data reported by the Bank of Mexico (Banxico). In the first quarter of the year, the connationals living abroad sent their relatives in state 320.89 mdd, between April and June the remittances amounted to 328.14 mdd and in the th…
Remittances to Mexico fell during September 2025, totaling $5.214 billion, a 2.7 percent decrease compared to the same month of the previous year, marking two consecutive annual declines, according to data released on November 3, 2025, by the Bank of Mexico (BANXICO). The autonomous constitutional body explained that the decrease in money sent… Source
Remittances to Mexico, one of the main sources of foreign exchange, fell in September for the sixth consecutive month, weighed by the number of operations carried out, according to a report released by Banxico. The capital received decreased by 2.7% year-on-year...
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