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Large fluctuations in the USD/MXN exchange rate impact Mexican migrants' decisions on the amount to remit. In August, the peso depreciated 5.4%, which boosted a 9.3% growth in remittances to Mexico in dollars and an increase converted into pesos of 17.0% in real terms.
This note analyzes financial inclusion based on the historical behavior of the number of accounts and the balances of savings accounts (savings, transactional accounts, payroll accounts, and term deposits) at the national and state level with information as of the end of 2024Q2.
This note provides some elements to describe how digitalization (through the Internet) contributes to financial inclusion to access and use formal financial services (digital financial inclusion), focusing mainly on savings and credit products.
Base on the National Financial Health Survey (Ensafi) 2023, presented in June 2024, this press article mentions some advantages of having financial inclusion metrics at the household level (inquiring whether any member has any financial product…
This note contains some relevant characteristics and results of the recently published National Survey on Financial Health (Ensafi) 2023, carried out to understand all the aspects that can define the state of financial health of adults in Mexic…
Banca de las Oportunidades recently published its 2023 financial inclusion report. According to the report, in 2023, Colombia reached almost universal financial inclusion. However, its credit inclusion is still low.
June 6, 2024
Financial inclusion has four pillars, one of them has to do with “access”, generally it is seen as the supply of financial products; therefore, this note presents information on the coverage of traditional mechanisms that the population has to access multiple banking.
Poverty was reduced in Colombia last year. In 2023, 338 thousand people were lifted out of multidimensional poverty, bringing poverty from 12.9% of the population in 2022 to 12.1% in 2023. And it was reduced mainly in the countryside. Informali…
This press article contains some indicators from the point of view of consumers, and public and private companies related to the reduction in the use of cash in Mexico after the pandemic and mentions some of its challenges.
This press article provides advice on some general considerations that must be taken into account when investing in financial assets.
Care work has a significant impact on women's approach to work. Promoting between family members a balance in the time spent on care and unpaid work would make it possible to increase women's labor participation, their income and their individual as well as collective well-being.
The latest gender gap figures for Peru show some deteriorating indicators for women in the country. The greater burden of household chores and the abandonment of the labor market after their first child, condition their situation in the labor market and their use of the financial system.
