Remittances sent home by Mexican migrants, almost all of them residing in the USA, rose 6.9% in 2011 (compared to 2010) to 22.730 billion dollars.

Remittances are the second largest source of foreign exchange in Mexico after crude oil exports. The average amount sent was 326.26 dollars,..

This short update has links to everything you always wanted to know about remittances but were afraid to ask...

Via Tony Burton