Navigation
Suscribe
Menu Search Facebook Twitter
Search Close
Menu ALL SECTIONS
  • Capital Coahuila
  • Capital Hidalgo
  • Capital Jalisco
  • Capital Morelos
  • Capital Oaxaca
  • Capital Puebla
  • Capital Quintana Roo
  • Capital Querétaro
  • Capital Veracruz
  • Capital México
  • Capital Michoacán
  • Capital Mujer
  • Reporte Índigo
  • Estadio Deportes
  • The News
  • Efekto
  • Diario DF
  • Capital Edo. de Méx.
  • Green TV
  • Revista Cambio
Radio Capital
Pirata FM
Capital Máxima
Capital FM
Digital
Prensa
Radio
TV
X
Newsletter
Facebook Twitter
X Welcome! Subscribe to our newsletter and receive news, data, statistical and exclusive promotions for subscribers
Business

Remittances Increased 18.76 Percent in January

Remittances arriving in the country reached more than $1.9 billion in the month

By Omar Sánchez Whatsapp Twitter Facebook Share
2 years ago

In January, remittances arriving in the country reached more than $1.9 billion, an amount up 18.76 percent compared with the same month in 2015, the Bank of Mexico reported.

In line with the estimate for the financial consensus, monetary shipments to the country from Mexican migrant flight resumed after last December had a lower annual increase after 10 months of consecutive increases.

Of total remittances to the first month of 2016, $1.9 million arrived in the country through electronic transfers, a total of 19.80 percentage points higher than the same month the previous year; while $40.26 million in cash was sent, a figure 0.36 percent lower over January 2015.

Also, $15.7 million touched Mexican territory in money orders, 23.11 units below the $20.42 million was recorded in January than the previous year.

According to most financial analysts, the flow of remittances will continue with an increasing rise with the positive effect of lower unemployment in the United States where Mexican migrants earn the remittances, and the appreciation that the dollars registered at its intersection with most currencies.

Comments Whatsapp Twitter Facebook Share
More From The News
World

Battle against I.S. in Raqqa is in 'Fina ...

2 hours ago
Mexico

Soft Soil Makes Mexico City Shake Like i ...

2 hours ago
Mexico

Mexican Red Cross Providing Assistance f ...

3 hours ago
Mexico

Mancera: 93 Deaths in Mexico City

4 hours ago
Most Popular

7.1 Magnitude Quake Kills 139 as Buildui ...

By The Associated Press
Mexico

Rescuers Wriggle into Collapsed School a ...

By The Associated Press
Mexico

Mexicans Dig through Collapsed Buildings ...

By The Associated Press
Mexico

TUSGS Says Mexico Quake Magnitude 7.1

By The Associated Press
Mexico

Mancera Pays Tribute to 85 Earthquake in ...

By Notimex
Mexico