The darker side of Mexico’s $63bn remittances boom
by jaui 
, Zihuatanejo, Tuesday, January 16, 2024, 16:29 (1027 days ago) @ Padrino
edited by jaui, Tuesday, January 16, 2024, 16:34
1/16/2024
In relation to the remittances sent from the USA to México, I wanted to call attention to our proponent of the "Super Peso", the fact that because of that & the corresponding DEVALUATION of the USD here, (unless the senders increase the $ amount sent), , the recipients of those remittances are getting 15%+ LESS PESOS than prior to the devaluation, when the USD was hovering in the 20 range, instead of it's current 17 or so value.
So, could our Proponent & Spokesperson, or anyone else, please tell me/us how that benefits Mexican nationals who receive remittances?
Complete thread:
- The darker side of Mexico’s $63bn remittances boom - Padrino, 2024-01-14, 10:22
![[*]](themes/ZIP/images/complete_thread.png "Open whole thread")
- The darker side of Mexico’s $63bn remittances boom - ZihuaRob, 2024-01-14, 10:51
- The darker side of Mexico’s $63bn remittances boom - jaui, 2024-01-16, 16:29
- The darker side of Mexico’s $63bn remittances boom - ZihuaRob, 2024-01-16, 17:50
- The darker side of Mexico’s $63bn remittances boom - mosesk, 2024-01-17, 00:57
- nbxcdaThe darker side of Mexico’s $63bn remittances boom. - jaui, 2024-01-17, 16:41
- nbxcdaThe darker side of Mexico’s $63bn remittances boom. - mosesk, 2024-01-17, 17:32
- nbxcdaThe darker side of Mexico’s $63bn remittances boom. - jaui, 2024-01-17, 16:41
