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Published on Friday, September 1, 2017 | Updated on Wednesday, September 6, 2017

Mexico | Remittances increase by 9.4% in July, but decrease in real terms

We estimate that for the second half of 2017, the receipt of remittances will continue to grow in dollars albeit at a more moderate pace than in the first half-year, but the actual amounts in pesos to reach households in Mexico will be lower in comparison to the previous year due mainly to the appreciation of the peso

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