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LatinNews Daily - 05 May 2026
In brief: Remittances up in Mexico
*Mexico’s central bank (Banxico) has released remittance figures for March 2026, announcing that remittances to the country totalled US$5.39bn. This represents a 4.9% increase year-on-year and is up from remittances of US$4.47bn in February. March represents the second consecutive month of annual increases in the remittance total, following an increase of 0.4% in February. In the first quarter of 2026, remittances totalled US$14.46bn, up 1.4% on the US$14.25bn received in Q1 2025. Remittance inflows last year totalled US$61.79bn, down from the US$64.75bn received in 2024 and US$63.31bn in 2023.
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