The Central Bank reports that remittances for the first seven months of the year were up 43.2% compared to 2020, already a record year in remittances. Remittances reached US$6.16 billion from January to July 2021.
The Central Bank attributes the increase in remittances to the continued improvement in the US economy, the US government stimulus plans, and the decline in unemployment in the United States (5.4%). 84.8% of the flows in July came from the United States. The US Census Bureau registers two million people of Dominican origin.
Read more in Spanish:Central Bank
10 August 2021
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