Mexico Faces 10% Remittance Decline in July Amid U.S. Job Woes

In a notable shift, remittance flows into Mexico slowed this July, descending from the record high of over $6.2 billion received in June to $5.614 billion. This represents a 10% drop from the previous month and a slight 1% decrease from the $5.668 billion recorded in July of the prior year. Banco de Mexico detailed […]