Seminar on the World Bank and the International Finance Corporation
September, 1959, Washington D.C., U.S.A.

CEMLA since 1952 is the Association of Central Banks of Latin America and the Caribbean.

Our main objectives are: To promote a better understanding of monetary and banking matters; help with improving the training of central bank staff; conduct research and systematize the results, and provide information to members about events of international and regional interest in the areas of monetary and financial policies.

News

New advance in June of the employment of Mexican immigrant workers in the United States

Jesús A. Cervantes Gónzalez, Nota de Remesas 6/2020 (Spanish)

In June, there was an adittional improvement of employment of Mexican immigrant workers in the U.S. In addition, their unemployment rate declined from 17.1 per cent in April to 13.4 per cent in June.

 

VI Meeting of the Financial Information Forum

The VI edition of the Forum, was held in Virtual Format, on 27 - 29 May 2020.  It was very well attended by 144 representatives from 27 countries from Latin American, the Caribbean and Europe (Argentina, Barbados, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, France, Germany, Guatemala, Honduras, Italy, Mexico, Nicaragua, Panama, Peru, Portugal, Spain, Suriname, Switzerland, Trinidad & Tobago, United States of America, Uruguay and Venezuela), including associates and collaborating members.

 

In May the employment of Mexican immigrant workers in the United States slightly improved

Jesús A. Cervantes Gónzalez, Nota de Remesas 5/2020 (Spanish)

The suspension in the United States of important segments of economic activity in the months of March and April of this year, generated a severe contraction in employment levels in that country, which was reflected in a sharp decline in the employment of Mexican immigrant workers, both male and female. However, the partial reactivation in May of certain economic activities in some localities and states of that country led to an incipient improvement in employment of Mexican immigrant workers.

 

Remittances in times of crisis: response, resilience, recovery Facing the challenges of COVID-19: RCTF Blueprint for Action

René Maldonado Gonzáles, Nota de Remesas 4/2020 (Spanish)

CEMLA has joined the Remittance Community Task Force (RCTF), an initiative of the Financial Facility for Remittances of the International Fund for Agricultural Development (FFR-IFAD). This initiative began to operate on March 24th, 2020, and 38 institutions have joined it, including international and intergovernmental organizations, public and private sector institutions, Remittance Service Providers (RSP), migrant networks, and specialists on the remittances topic.

 

In April 2020, in the United States, the unemployment rate of Mexican immigrant workers reached 17 percent

Jesús A. Cervantes Gónzalez, Nota de Remesas 3/2020 (Spanish)

In April 2020, Mexico's income from remittances was 2,861 million dollars, which implied a slight annual fall of 2.6%. In addition, the number of remittances was reduced by 4.7%. Thus, while, in April 2019, the average number of remittances received was 304,008 transfers per day, in April 2020, that number decreased to 289,661 daily remittances.

 

 

Latin American Journal of Central Banking

 

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Activities
Calendar for 2020Training and formation activities on economic and central banking topics

PublicationsSelection of publications that analyze the main financial and monetary topics of the central bank of the region.

Rodrigo Gómez
Central Bank Award Annual award for the preparation of studies that are of interest to the central bank.

CEMLA MEMBER
Central BanksThe external structure includes 52 members, 30 of which are associated.

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