A new tax on cash remittances sent from the U.S. to Mexico could result in a 25% decrease in Mexico's domestic consumption, ...

A new tax on cash remittances sent from the U.S. to Mexico could result in a 25% decrease in Mexico's domestic consumption, ...

Bangladesh has witnessed a remarkable economic milestone as remittance inflows reached an all-time high of $30.04 billion in ...

Last year, total personal remittances from overseas Filipino workers (OFWs) to the Philippines reached $38.34 billion, representing a 3% increase from the $37.21 billion recorded in 2023. Cash ...

Remitly is growing quickly but facing a lot of potential threats over news around stablecoins and remittance taxes. The ...

The megabill that Republicans sent to President Trump’s desk would tax some remittances, the money immigrants send back to ...

Remittances sent to Mexico dropped 4.6% in May compared to a year earlier, according to central bank data published on ...

An accelerated run on the US dollar continues. The euro, sterling, Australian and New Zealand dollars have risen to new highs ...

Remittances are the money migrants living in the U.S. send back to family members in their home countries. They are a major ...

For Mexican President Claudia Sheinbaum, the bilateral meetings scheduled on the sidelines of the Group of Seven summit in Canada were even more important than the summit itself ...

When remittance inflows decline, households are likely to "prioritise consumption ... suggests the proposed tax could sharply cut formal transfers, with Mexico facing the biggest hit - over $2.6bn ...