Mexican Migrant Workers Send Their Earnings Home

For a long time, it has been common for Mexican migrant workers here in the U.S. to send a considerable amount of their earnings home to their relatives in Mexico.

According to a recent study, Mexicans will receive an estimated $14.5 billion this year from countrymen working in the United States, a figure that rivals the nation's most important sources of foreign income, according to a study released Monday.

The amount is also about 20 percent more than projections by Mexico's central bank, which said such remittances will hit about $12 billion by the end of the year.

The study by the Inter-American Development Bank and Pew Hispanic Center found that official estimates overlook money shipped home by mail or carried home in cash by migrants and messengers. Study authors said they were able to determine these funds as well by surveying thousands of Mexicans.

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