Wednesday, October 29, 2008

New Stats

From the AP:

"Immigrants are sending less money home. Remittances by Mexicans living in the United States registered their biggest drop in August since record-keeping began 12 years ago. Mexico's central bank said they fell 12 percent from August 2007."

2 comments:

Kelsey said...
This comment has been removed by the author.
Kelsey said...

Any guesses as to why that is? I know that here in Korea, ever since the won/dollar ratios became unstable, folks here have been hesitant to send much home.