The amount of money sent by migrants from the U.S. will fall 13.4% this year
In 2009, according to BBVA Bancomer, remittances sent by Mexicans residing in the U.S. will fall 13%. Between Jan. and Sept. of this year, according to figures from Banco de Mexico, which the financial institution cites, the money sent from this migrant sector will add up to $16,438 million, representing a 13.4% drop compared with the same period in 2008. For 2010, according to the bank, remittances will see a quick rebound growing between 1 and 5%. Source
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