LatinNews Daily - 05 January 2026

*Mexico’s central bank (Banxico) has announced that remittances sent to the country in November totalled US$5.13bn, representing a 5.7% drop year-on-year. This marks the eighth consecutive month of year-on-year declines, following annual drops of 1.7% in October, 2.7% in September, 8.3% in August, 4.7% in July, 16.2% in June, 4.6% in May, and 12.1% in April. Accumulated remittances received between January and November 2025 totalled US$56.47bn, down 5.1% on the US$59.52bn received in the same period of 2024.