Remittances to Mexico Fall, but a Convent Dog Brings Cheer

Mexico's Remittances Dip 12.1% in April, Averaging $385 per Transaction Mexico City – The Banco de México's latest report reveals a 12.1% year-on-year decrease in remittances received during April, totaling $4,661 million. This represents a significant drop compared to the same period last year, despite still being a substantial amount of money. The average transaction value was $385. In contrast, Mexicans sending money abroad sent $100 million, also lower than in 2024. "Although the amount is significant, the decrease reflects a challenging economic climate," stated Paola Alcocer, news anchor for EjeCentral Informativo, in a recent report. The report also highlighted the average price of the dollar at Mexico City's International Airport, which is currently $19 for buying and $19.25 for selling. On a lighter note, the report also included a heartwarming story from Cochabamba, Bolivia. An abandoned Schnauzer was adopted by Franciscan monks and has become a beloved member of the convent community. The dog, affectionately nicknamed "Hermano Bigotes," even wears a miniature Franciscan habit. The decrease in remittances is a matter of concern, but the story of Hermano Bigotes offers a heartwarming contrast, reminding us of the kindness and compassion that still exist in the world.