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MEXICO CITY (AP) — The money that Mexican migrants send home to their relatives grew by 7.6% in 2023, to reach a record $63.3 billion for the year, Mexico’s central bank said Thursday. The money transfers, known as remittances, have been booming since the coronavirus pandemic, but the rate of growth continued to cool somewhat in 2023. In 2022, remittances …
Read More »Money sent home by Mexicans working abroad rose by 7.6% in 2023, to reach a record $63 billion
