Remittances to Mexico are on the rise
03/01/17 04:01 PM EST
People in the United States are sending more money to their friends and relatives in Mexico.
Remittances to Mexico sent by people in the United States to friends or family in Mexico were up 6.3 percent in January compared to the same period last year, reported the country's central bank, Banxico.
Remitters sent more money per transfer and made more transfers than a year ago. In January, Banxico recorded 6.962 million operations, compared to 6.465 million in 2016.
http://thehill.com/latino/321869-rem...re-on-the-rise
