The Listín Diario reports that a study carried out by the Federation of Dominican-Hispanic Chambers of Commerce shows that Dominicans living in the US sent home more than US$2,028 million last year in remittances. The study estimates that remittances were up 18% when compared to those sent to the DR in 1998. According to the study, the DR received in the first half of the year US$1,407 million and in the second US$621 million. The average remittance is US$215 dollars. The peak months for remittances were May, December, March, and September.
