|
October 1st, 2008
Posted: 07:50 PM ET
MEXICO CITY (CNN) — Mexicans in the United States sent home 12.2 percent less money this past August than they did in August of last year, the Banco de Mexico said Wednesday. That translated into remittances of $1.9 billion, versus $2.2 billion during the same month last year, said the bank, which blamed tough economic times in the United States for the decline. August’s tally quickens a trend — during the first eight months of the year, remittances fell 4 percent to $15.6 billion, the statement said. |
 
Editor's note
The CNN Wire is a running log of the latest news from CNN World Headquarters, reported by CNN's correspondents and producers, and The CNN Wire editors. "Posted" times are Eastern Time.  New on the CNN Wire
 |
|
CNN Comment Policy: CNN encourages you to add a comment to this discussion. You may not post any unlawful, threatening, defamatory, obscene, pornographic or other material that would violate the law. All comments should be relevant to the topic and remain respectful of other authors and commenters. You are solely responsible for your own comments, the consequences of posting those comments, and the consequences of any reliance by you on the comments of others. By submitting your comment, you hereby give CNN the right, but not the obligation, to post, air, edit, exhibit, telecast, cablecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comment(s) and accompanying personal identifying and other information you provide via all forms of media now known or hereafter devised, worldwide, in perpetuity. CNN Privacy Statement.
|
|
