
Expats continue to back their families in the Dominican Republic. The Central Bank reports that remittances are up for the fourth consecutive month. Remittances in August 2020 were up 22.5% compared to August 2019. Remittances from January to August 2020 are up 7.3% compared to the previous year. Total remittances for the first eight months of the year are US$5.07 billion. This compares to US$4.72 billion in 2019.
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Central Bank
17 September 2020