Remittances to Mexico Rose 25 Percent After Trump’s Election

― ஜ ۩ Whiskey Tango Texas ۩ ஜ ―

http://media.breitbart.com/media/2017/01/sending-money-to-mexico-remittances-ap-640x480.jpg

Mexicans sent billions of dollars back to Mexico in November after President-elect Donald Trump’s election win.

Immigrant workers and illegal aliens rushed to take money out of the American economy and send it to their home countries, Reuters reports:

Mexicans abroad sent home nearly $2.4 billion in transfers in November, 24.7 percent higher than a year earlier, marking their fastest pace of expansion since March 2006, according to Mexican central bank data on Monday…

Trump’s surprise Nov. 8 election triumph also sent the Mexican currency to record lows in a sell-off fueled by his threats to scrap a trade deal between Mexico and the United States, and to levy punitive tariffs on Mexican-made goods…

Bank BBVA Bancomer has forecast that those Mexicans will have sent a record $27 billion in remittances into Mexico in 2016, an increase of more than $2 billion over 2015.

Not only do Americans give…

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About Brittius

Direct Descendant of, Roman General, and Consul of Rome, BRITTIUS, of the Imperial Roman Army.
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