Although the government is presumed from the government in remittances, the strength of the exchange rate does not favor the receptors, who receive less pesos for the dollars that their relatives send, according to specialists.
In 2021, remittances grew 27 and 12.9 percent in dollars and constant pesos, but last year it was at 13.4 and 4.2 percent, respectively, said Jesús Cervantes, director of Economic Statistics and coordinator of the Remittance Forum of Latin America and the Caribbean of the Center for Latin American Monetary Studies (CEMLA).
I-94 Permit Price Soars from $6 to $30 for Mexican Visitors Heading to Disneyland
One of the US’s most wanted criminals arrested in Guerrero
Who was Esmeralda FG, the TikToker who was murdered along with her husband and children in Guadalajara?
IMMIGRATION
Carlos Martínez: “It is an Honor to be Mexican, We Must Shout It From the Rooftops — We’re Going to be Okay.”
BUSINESS
Preparing for the Holiday Sales Rush: Logistics and E-commerce Strategy for Small Businesses
Why Salma Hayek’s husband is selling Puma? What Small Business Owners can Learn
Del Monte Foods Files Bankruptcy: When Is It the Right Time for a Business to Declare Bankruptcy?
Want to Be Your Own Boss? Don’t Fall Into the “Do-It-All” Trap