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Mexico’s Remittance Slowdown Could Stop Peso Rally, BofA Says

BloombergWednesday, August 27, 2025 at 6:35:41 PM
Mexico’s Remittance Slowdown Could Stop Peso Rally, BofA Says
Remittances to Mexico have dropped to a three-year low, potentially impacting the peso's recent rally, as noted by Bank of America Corp.
Editor’s Note: This matters because remittances are a significant source of income for many families in Mexico. A decline could affect consumer spending and economic stability, leading to broader implications for the country's economy.
— Curated by the World Pulse Now AI Editorial System

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