HomeNews
News

August remittances set a new record at US $4.74 billion

0
banxico

Remittances from Mexicans working abroad continued their steady upward trend in August and set a new monthly record, according to the Bank of México.

Total for the month was US $4.74 billion, up 32.7% over August 2020. It lifted the total for the year to $32.9 billion, an increase of 24.8% over the same period last year.

Remittances sent during the 12 months ending August 31 came to $47.1 billion, up from $45.9 billion in the previous 12-month period.

The August figure, up 4.5% over July’s total, was well above the $4.4-billion median estimate by economists in a Bloomberg survey.

Mexico News Daily

Have something to say? Paid Subscribers get all access to make & read comments.
rhinos welcome in GDL

4 white rhinos from France and Germany find a home in Guadalajara

MND Staff - 0
The three females and one male bring genetic diversity to Mexico's rhino population, but flying several tonnes of horned beasts on a cargo plane for 12 hours was no easy task.
highway protest

24 hours later, protesters are still blocking the Mexico-Toluca highway

MND Staff - 0
Missing-persons search groups, frustrated by a lack of cooperation from authorities, made the decision to protest by blocking commuters from entering the capital, at the risk of alienating would-be supporters.
Beach scene in Puerto Vallarta.

MND Local Puerto Vallarta: Hurricanes keep coming, golf course disruption, free drinking water fountains

Debbie Slobe - 0
From illegal construction and controversial golf course tree culling to new drinking fountains and yet more hurricane impacts, life in Puerto Vallarta has not been dull lately, writes Debbie Slobe.
BETA Version - Powered by Perplexity

VIDEO OF THE WEEK