The amount of dollars sent home by Mexicans living abroad jumped 13% in October as a weaker peso gave the greenback more buying power, Mexico's central bank said.
Remittances rose to $2.4 billion in October, up from $2.2 billion for October 2007, the Bank of Mexico reported.
The peso dropped to record lows in October, briefly trading at 14 to the dollar. A stronger U.S. currency means dollars sent home buy more in Mexico.
