07:06 AM EDT, 04/02/2025 (MT Newswires) -- Family remittances to Mexico slipped 0.8% year over year in February to US$4.46 billion, noted BBVA Research.

Remittances have accumulated a 16-month streak of uncertainty since November 2023, with seven months of contractions, interspersed with months of low growth and other months with increases greater than 8% at an annual rate, said BBVA Research.

Despite the weak start of remittances in the first two months of the year, the reported results are above the path projected by BBVA to close with growth in 2025, although many events that could occur throughout the year are still pending.

United States President Donald Trump's immigration policy is succeeding, so far, in stemming the arrival of new migrants across the border, pointed out BBVA. However, migrant detentions within the interior of the U.S. remain low, considering the more than 11 million undocumented migrants.