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Tribune News Service
Tribune News Service
Business
Alfredo Corchado

As the peso gains on the dollar, remittances from North Texas to Mexico don’t go as far

LA SAUCEDA, Mexico — Thanks to the generosity of Guanajuato’s sons and daughters living in the U.S., Adrian Robles Aguillon has added coconuts to the mangoes and watermelons he sells at his fruit stand.

His optimism, though, is dampened by a troubling sign: People have less pesos to spend these days.

“We all need remittances here. They lift everyone,” said Robles. His family in North Texas and Austin sends a steady flow of dollars monthly to this town, located between San Miguel de Allende and the state capital of Guanajuato.

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