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Mexican Remittances Decline 5.1% YTD as Purchasing Power Erodes
By Mariana Allende - Tue, 01/06/2026 - 07:42
Mexican remittances fell 5.7% in 2025 as the Super Peso eroded purchasing power. A new 1% US tax on cash transfers starts in January 2026.
https://mexicobusiness.news/tag/us
More Finance & Fintech
IMF Cautions on US Growth as Economic Pressures Build
By Mariana Allende - Wed, 12/24/2025 - 09:23
The IMF warned of rising stress in the US economy and slower Q4 growth, though a record 43-day shutdown limited its assessment.
Mexico Remittances Drop 16.2% in June, Worst Since 2012
By Mariana Allende - Mon, 08/04/2025 - 12:10
Mexico saw US$5.2 billion in June remittances, down 16.2% YoY—the steepest drop since 2012—amid tougher US immigration and labor enforcement
Microsoft Tops US$4 Trillion Valuation on AI, Cloud Growth
By MBN Staff - Thu, 07/31/2025 - 11:17
Microsoft hit a US$4 trillion market cap after strong earnings driven by AI and cloud growth, cementing its spot among top global firms.
Ramp Raises US$500 Million, Reaches US$22.5 Billion Valuation
By MBN Staff - Wed, 07/30/2025 - 16:15
Finance platform Ramp raises US$500 million, boosting its valuation to US$22.5 billion just 45 days after its previous funding round.
US Targets Three Mexican Banks for Alleged Cartel Laundering
By Mariana Allende - Thu, 06/26/2025 - 11:44
This week in finance: US sanctioned Mexican banks for fentanyl-linked laundering, while Mexico’s economy rebounded 0.5% in April after March's dip.
US Sanctions CIBanco, Intercam, Vector for Money Laundering
By Mariana Allende - Thu, 06/26/2025 - 10:26
The US has sanctioned CIBanco, Intercam Banco, and Vector Casa de Bolsa for alleged money laundering; Mexico's President Sheinbaum denies claims.
Peso Rises as Markets Eye Fed, Banxico Amid US-Iran Tensions
By MBN Staff - Wed, 06/25/2025 - 07:02
The peso recovers against the dollar as markets await Fed and Banxico decisions, amid heightened tensions after Iran's response to a US strike.
Mexico Hits Historic FDI, Peso Strengthens: Finance Week
By Mariana Allende - Thu, 05/29/2025 - 09:46
The Mexican peso hit a record high under Sheinbaum as Mexico achieved a historic US$21.3 billion in FDI during 1Q25.
Bitcoin Hits US$106K, PepsiCo Acquires Poppi: Finance Week
By Mariana Allende - Thu, 05/22/2025 - 12:02
Bitcoin hit US$106,000 on investment and policy trends; PepsiCo announced a US$1.95 billion acquisition of Poppi.