Mexican remittances rebound in 2014, up 7.8 percent
{{#rendered}} {{/rendered}}FILE - In this June 25, 2002 file photo, Northern Mexican musicians who play "Norteno" music greet each other as they wait for clients under a sign that reads "dollars" in Spanish in Monterrey, Mexico. Mexico's central bank says remittances sent home by Mexicans living abroad rebounded in 2014 after falling the previous year. Money sent home by Mexicans are one of the country's main sources of foreign income, along with oil exports. (AP Photo/Gregory Bull, File) (The Associated Press)
Mexico's central bank says remittances sent home by Mexicans living abroad rebounded by 7.8 percent last year after falling the previous year.
In 2014, Mexicans abroad sent home $23.6 billion, up from about $21.9 billion in 2013. In that year, remittances had dropped 3.7 percent.
Remittances are one of Mexico's main sources of foreign income, along with oil exports.
{{#rendered}} {{/rendered}}Almost all of the remittances come from the more than 11 million Mexicans living in the United States.