The darker side of Mexico’s $63bn remittances boom

by Padrino ⌂ @, Rosarito/Zihuatanejo, Sunday, January 14, 2024, 10:22 (1029 days ago)

Here is an article from the Financial Times about the recent boom in electronic remittances to Mexico. The speculation is that much of the money might be coming from drug revenue and that has helped prop up the "superpeso" of 2023.

The darker side of Mexico’s $63bn remittances boom

The Financial Times allows a few free articles until they start pinging you to enroll in a subscription.


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