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LatinNews Daily - 02 July 2020

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In brief: Remittances to Mexico up in first five months of 2020

* Mexico’s central bank (Banxico) has released new figures which show that remittance inflows to Mexico totalled US$15.5bn in the first five months of 2020. This represents an increase of 10.4% compared with the same period in 2019, despite the effects of the coronavirus (Covid-19) pandemic. The figures show that the highest level of remittances so far this year was registered in March, with inflows totalling US$4bn.