Boards displaying the exchange rate of the Mexican peso against the U.S. dollar are pictured outside exchange houses in Ciudad Juarez, Mexico July 27, 2023. REUTERS/Jose Luis Gonzalez/File Photo [1/5]
TLAXCALA, Mexico, July 31 (Reuters) – Mexican mother-of-two Adriana Sanchez frets the $300 or so a month her husband sends from the United States will no longer cover family expenses as a sharp appreciation in the peso currency and nagging inflation crimp her budget.
Mexico now takes in nearly $60 billion a year in remittances, mostly from the United States, making them a pillar of household spending in a country […]
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