Mexico | Remittances fall 4.7% in November, but will end the year at a record high
Published on Tuesday, January 2, 2018 | Updated on Wednesday, February 28, 2018
Mexico | Remittances fall 4.7% in November, but will end the year at a record high
Summary
2017 has been a year of ups and downs for remittances: from January to November there were 3 months with falls and 8 with increases. This is partly due to Mexican immigrants' fear of possible deportation or restrictions on remittances and changes in US trade (NAFTA) and tax policies since Trump’s election victory.
Geographies
- Geography Tags
- Mexico
Topics
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- Migration
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Authors
Juan José Li Ng
BBVA Research - Senior Economist
David Cervantes Arenillas
BBVA Research - Senior Economist
Documents and files
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