Mexico: Remittances gain strength in September

In September, remittances from Mexican workers abroad totaled USD 1.79 billion, which came in above the USD 1.66 billion observed in the same month last year. The reading slightly overshot market expectations (USD 1.75 billion) and represents a substantial 8.1% expansion in annual terms, which is the second positive reading in the last 15 months and the fastest pace of expansion since February 2012.

Read more about Mexican Remittances.

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