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Mexican Worker Money Transfers Drop at a Record Pace
Tagged: Mexico, money transfer, remittance
Mexicans working abroad, mostly in the U.S., reduced money transfers to their families at home at a record pace in January as a U.S. housing slump squeezed construction employment.
Remittances, the second-biggest source of dollar flows into Mexico after oil exports, fell 5.9 percent in January to $1.65 billion from a year earlier, the central bank said today. It was the biggest decline since Banco de Mexico began records in 1995.”*
*From: www.bloomberg.com
Traducido: usando Google o Altavista/Babel Fish
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Filed Under: 1. Hispanic News, Business, Business News, Top Stories
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