DR1 Daily News - Dominican Republic

The Central Bank (BCRD) has announced that remittances sent home by Dominican expatriates reached a total of US$5.83 billion during the first half of 2025. This figure represents an 11.2% increase compared to the same period in 2024, highlighting the continued importance of these money transfers for the country’s economy.By year-end, remittances are expected to total approximately US$11.3 billion.

The remittances have contributed significantly to maintaining a health level of international reserves. The country’s international reserves now stand at US$14.79 billion, equivalent to 11.3% of GDP and covering 5.4 months of imports—well above the thresholds recommended by the International Monetary Fund (IMF).

In particular, June 2025 saw remittance inflows of US$923.8 million, up 7.9% compared to June 2024. According to the BCRD, these funds from the Dominican diaspora play a...