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remittances

Remittances from Nicaraguan migrants mark new record, passing $4 billion

December 27, 2023
Remittances from nicaraguan migrants mark new record, passing $4 billion - photo licensed by shore news network.

SAN JOSE (Reuters) – Nicaraguan migrants sent relatives back home record remittances this year through November, data from the country’s central bank showed on Wednesday, …

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Latam, Caribbean remittances to reach yearly record -IDB

November 16, 2023

NEW YORK (Reuters) – Money shipped to Latin America and the Caribbean as remittances could hit a record $156 billion this year, a 9.5% jump …

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Russian trade, remittances boost Central Asia growth prospects – EBRD

September 27, 2023September 27, 2023

By Jorgelina do Rosario LONDON (Reuters) – Central Asian economies from Mongolia to Kazakhstan and Uzbekistan will see strong growth this year and next thanks …

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Pakistan’s remittances recorded at $2 billion for August – central bank

September 11, 2023

(Reuters) – Pakistan’s foreign worker remittances were recorded at $2.09 billion for the month of August, the country’s central bank said in a statement on …

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Remittances to Mexico near all-time high in June but strong peso weakens impact

August 1, 2023August 1, 2023
Remittances to mexico near all-time high in june but strong peso weakens impact - photo licensed by shore news network.

MEXICO CITY (Reuters) – Remittances to Mexico totaled $5.57 billion in June, just under the all-time high reached the month before but dampened in real …

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Mexico’s ‘super peso’ puts squeeze on US remittances

July 31, 2023July 31, 2023
Mexico's 'super peso' puts squeeze on us remittances - photo licensed by shore news network.

By Lizbeth Diaz and Noe Torres TLAXCALA, Mexico (Reuters) – Mexican mother-of-two Adriana Sanchez frets the $300 or so a month her husband sends from …

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Remittances to Mexico hit record, but strong peso softens impact

July 3, 2023
Remittances to mexico hit record, but strong peso softens impact - photo licensed by shore news network.

By Kylie Madry MEXICO CITY (Reuters) – Mexico brought in close to $5.7 billion in remittances in May, central bank data showed on Monday, breaking …

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Remittances to Mexico climb 11.2% year on year in February

April 3, 2023

MEXICO CITY (Reuters) – Remittances to Mexico from abroad jumped 11.2% year on year in February, while dropping from the prior month, according to data …

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China’s FX regulator says no change in policy on cross-border remittances

March 6, 2023
China's fx regulator says no change in policy on cross-border remittances - photo licensed by shore news network.

BEIJING (Reuters) – China’s foreign exchange regulator said on Monday that there is no change in China’s policy on cross-border remittance of funds, and it …

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Remittances to Mexico drop in November amid economic crunch fears

January 2, 2023

(Reuters) – Remittances to Mexico from abroad dropped in November to $4.8 billion after a series of record months, data from the Mexican central bank …

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Western Union and MercadoLibre team up to send digital remittances to Mexico

July 6, 2022
Western union and mercadolibre team up to send digital remittances to mexico - photo licensed by shore news network.

By Noe Torres MEXICO CITY – U.S.-based money transfer firm Western Union Co, announced an agreement Wednesday with South American e-commerce giant MercadoLibre to send …

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U.S. loosens restrictions on Cuba travel, remittances amid summit blowback

June 8, 2022

By Daphne Psaledakis and Dave Sherwood WASHINGTON/HAVANA – The United States on Wednesday moved to lift some Trump-era restrictions on remittances and travel to Cuba …

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India seizes $725 million of Xiaomi assets over illegal remittances

April 30, 2022
India seizes $725 million of xiaomi assets over illegal remittances - photo licensed by shore news network.

By Aditya Kalra NEW DELHI -India said on Saturday it had seized $725 million from the local bank accounts of China’s Xiaomi Corp after a …

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