Breath of Fresh Air for Mexico: Remittances Increase 3.1% in the First Half of 2026
· Telemundo McAllen (KTLM)
Remittances to Mexico saw a 3.1% increase, reaching $30.759 billion during the first half of 2026, despite the aggressive immigration policies of the United States, the main source of these funds, according to the Bank of Mexico (Banxico). This represents an increase of $917 million compared to the first six months of 2025, when remittances totaled $29.842 billion, a historic figure for a similar period. In Mexico, where remittances account for nearly 4% of the economy, the average amount sent by nationals to the country surged by 5% from January to June, rising from $386 to $405 compared to the same period in 2025. The number of transactions during this time decreased by 1.8% year-on-year to $75.9 million, with 99.2% of them being electronic transfers. In June alone, Mexico received $5.472 billion in remittances, marking a year-on-year increase of 4.1%. Additionally, compared to the previous month, remittances rose by 3.8%.
AI summary · Source: Telemundo McAllen (KTLM) →
