Mexican Households Receive Record-Breaking Remittances of $59.5 Billion

The Bank of Mexico reports a historic influx of remittances to Mexican households. Workers abroad sent $59.5 billion to their families in the first eleven months of 2023. This unprecedented flow of “migradollars” benefits 12.3% of Mexican adults. November alone saw 4.9 million families receive $5.4 billion in remittances. This amount marks a 10.6% increase […]