Mexican migrants broke a remittances record on March and then again in June despite the pandemic
Money sent home by Mexican migrants has risen by 10.5% in the first six months of 2020
Family remittances contribute to a large part of Mexico’s GDP
Carlos Ramírez, Chairman of Mexico's National Commission for the Pension Saving System, informed that the program is promoting remittances saving from the U.S.
Remittances topped USD$2,459 bn
Remittances have become Mexico's most important source of foreign income after manufacturing exports of almost US$34 billion per year
"You have to know how to say 'no'. Even between friends, partners and allies, like Mexico and the United States are" said Luis Videgaray
Flow of remittances shows a temporary increase, from U.S. states with strong deportation policies, amidst fears of deportations and the creation of a levy on cash remittances
Recent immigration measures hit the region with concerns of deportations and remittances
Trump has not elaborated on his threat to block money transfers, but the possibility is affecting migrants' remittance decisions.