EconomyThank you, countrymen: Remittances increase 17% in the first...

Thank you, countrymen: Remittances increase 17% in the first half of 2022

In the first half of the year, the remittances sent by Mexicans from abroad amounted to 27,565 million dollars (mdd), 17% more than the same period in 2021.

Data from the Bank of Mexico (Banxico) released this Monday show that in June, shipments accumulated 5,153 million dollars, that is, 15% more than in June 2021. However, in the monthly comparison, against May of this year, remittances had a slight decrease of 0.38%.

In the first half of the year, the average remittance was 387 dollars, according to Banxico data, an amount above the average for the same period of 2021 of 368 dollars per shipment.

Jalisco, Michoacán, Guanajuato and the State of Mexico are the three entities that have received the most remittances in the first half of 2022.

The amount received by the four entities represents 33.5% of the total received in the country.

Remittances increased in August… but their growth is slowing down

The average amount of the remittance sent in August was 390 dollars, an amount below the 406 dollars averaged during July.

Ualá clients will be able to receive up to 900 dollars in remittances

The firm forms an alliance with MoneyGram so that its clients can receive remittances from abroad in the app.

The cost of migrating: Number of dead migrants in Mexico increases 70.4% in 2021

Despite the fact that remittances arriving in Mexico register record figures, the number of migrants who die in their attempt to reach the "American dream" reported figures never seen before.

Historical record: Mexico receives 5,297 million dollars in remittances

Money transfers by remittances to Mexico register a record and add three consecutive months above 5,000 million dollars.

Western Union? More than 5% of total remittances from the US are sent to...

Bitso registers a participation of more than 5% weekly in the total remittances from the US to Mexico and expects that by the end of the year the figure will rise to between 8 and 10%.

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