The weak dollar and unemployment in the US hit remittance recipients in the Americas
The fall of the dollar to its lowest level in four years and the rise in unemployment in the United States are reducing the real value of remittances received by millions of families in Latin America, with Mexico being the most affected case after registering its first contraction in more than a decade in 2025.
TL;DR
- US dollar has fallen to its lowest level in four years.
- Unemployment is rising in the United States.
- These factors are reducing the real value of remittances to Latin America.
- Mexico is the most affected country, with its first remittance contraction in over a decade in 2025.
- Millions of families in Latin America rely on these remittances.