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Remittances increase

Remittances sent by Dominicans overseas to their relatives in the country reached over US$70 million more up to November 2017, compared with the same time period in 2016. This shows that the rising trend of remittances has continued over the past few years with the amount to November 2017 being US$ 640 million compared with US$570 million from 2016.

According to statistics from the Central Bank, in 2015, the amount of remittances received were US$141.2 million more than the previous year and 2016, the amount received was US$17.2 more than 2015. The average monthly amount of remittances sent in 2017 was US$440 million compared with a monthly average of US$400 million the previous year.

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Diario Libre

16 January 2018