Agencia EFEApril 1, 2013 18:00
Mexico City, Apr 1 (EFE).- Mexico received $1.58 billion in remittances in February, 11.1 percent below the amount recorded in the same month of 2012, the country's central bank said Monday.
This was the eighth straight month in which remittances declined on an inter-annual basis.
In the second month of 2013, the average remittance was $293.17, less than the $320.34 in February of 2012, the Bank of Mexico said in its monthly report.
In February, 5.4 million transactions were recorded, most of them electronic transfers.