{"id":148333,"date":"2020-10-14T07:39:27","date_gmt":"2020-10-14T11:39:27","guid":{"rendered":"https:\/\/dr1.com\/wordpress\/?p=148333"},"modified":"2020-10-14T10:34:11","modified_gmt":"2020-10-14T14:34:11","slug":"remittances-continue-to-increase","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2020\/10\/14\/remittances-continue-to-increase\/","title":{"rendered":"Remittances continue to increase"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"600\" height=\"400\" src=\"https:\/\/dr1.com\/wordpress\/wp-content\/uploads\/2019\/04\/Dollars-Orange-biz-e1554224507433.jpg\" alt=\"\" class=\"wp-image-124797\"\/><\/figure>\n\n\n\n<p>Except for in March and April, remittances sent by Dominicans living abroad have been growing. March and April were the first two months of lockdown for Covid-19.<\/p>\n\n\n\n<p>Remittances entered an upwards trend afterward. In September, Dominicans sent to family and acquaintances in the Dominican Republic US$777.4 million, compared to US$566.9 million in September 2019, a 37% increase. Overall, from January to September 2020, remittances this year have increased to US$5.85 billion, compared to US$5.29 billion in 2019.<\/p>\n\n\n\n<p>Most remittances come from the United States with 84.7%.<\/p>\n\n\n\n<p>The Central Bank reports there have also been increases in exports of export free zones and in gold exports. The recovery of the tourism industry, the country&#8217;s primary source of hard currency, continues at a slow pace. Most hotels are reopening for the winter season. The spread of the Covid-19 in major tourism source markets is keeping foreign tourist travel to the country to a trickle. There are expectations of tourists coming in significant numbers by the end of the year. The Ministry of Tourism reports some hotels have bookings for 50% occupancy. <\/p>\n\n\n\n<p>Read more in Spanish:<br><a href=\"https:\/\/www.bancentral.gov.do\/a\/d\/4931-banco-central-informa-que-continua-mejorando-el-flujo-de-divisas-remesas-crecen-371--en-septiembre-de-2020-con-respecto-a-septiembre-de-2019\">Central Bank<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.elcaribe.com.do\/panorama\/dinero\/hoteles-ya-tienen-reservado-el-50-de-su-capacidad\/\">El Caribe<\/a><br><\/p>\n\n\n\n<p>13 October 2020<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Except for in March and April, remittances sent by Dominicans living abroad have been growing. March and April were the first two months of lockdown for Covid-19. Remittances entered an upwards trend afterward. In September, Dominicans sent to family and acquaintances in the Dominican Republic US$777.4 million, compared to US$566.9 million in September 2019, a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2020\/10\/14\/remittances-continue-to-increase\/\" class=\"more-link\">Read more\u2026<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[271,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/148333"}],"collection":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/comments?post=148333"}],"version-history":[{"count":4,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/148333\/revisions"}],"predecessor-version":[{"id":148369,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/148333\/revisions\/148369"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=148333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=148333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=148333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}