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Grew.pdf

170105_FlashMigracion_eng.pdf
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🔗 Source: bbvaresearch.com
📊 Size: 82 KB
👤 Author: jln
⬇️ Downloads: 73

Summary

Remittances to Mexico grew by 24.7% in November 2016, reaching $2,362.9 million, due to fears of possible restrictions by the Trump administration, which may impose laws verifying immigration status and duties on remittances. The number of transactions increased by 10.6% and the average remittance amount rose by 12.8% to $318. This growth is attributed to three main factors: the US presidential election outcome, the appreciation of the dollar against the peso, and the low unemployment rate in the US. Significant remittance flows are expected in December 2016 and January 2017.

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Remittances to Mexico grew by 24.7% in November 2016, reaching $2,362.9 million, due to fears of possible restrictions by the Trump administration, which may...

Technical Information

  • File Format: PDF
  • File Size: 82 KB
  • Pages: 3
  • Language: EN
  • Author: jln
  • Total Downloads: 73
  • Last Updated: 1 week ago

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