TopicExchange rates & FX
remesa · /reˈmesa/
remesa
remesa/reˈmesa/noun
money sent, often abroad, to family or recipients
dinero enviado, a menudo al extranjero, a la familia
Exchange rates and fees heavily affect how much arrives.
El tipo de cambio y las comisiones afectan mucho lo que llega.
Examples
Workers abroad send a monthly remittance to their parents.
Banks compete on fees for each remittance transfer.
A weaker home currency makes each remittance stretch further.
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