Remittances from Bay Area to Mexico don't go as far with strong peso

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Remittances from Bay Area to Mexico don't go as far with strong peso
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The strengthening of the peso while the dollar weakens means every dollar being sent to Mexico is covering less to help friends and family stay afloat.

She said she helps a little to at least buy some food.This means if you sent $500 a year ago, it was worth 10,000 pesos."Ahorita si yo antes cambiaba $100, hoy tengo que enviar $150 o $200, porque si no alcanza," Armenta said.

is coming up on ten years. They've helped 170 small business owners get a start - 80% are undocumented.

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