{"id":251319,"date":"2026-05-12T08:28:06","date_gmt":"2026-05-12T12:28:06","guid":{"rendered":"https:\/\/dr1.com\/news\/?p=251319"},"modified":"2026-05-12T08:41:28","modified_gmt":"2026-05-12T12:41:28","slug":"remittances-around-us4-08-billion-in-first-four-months-of-2026","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2026\/05\/12\/remittances-around-us4-08-billion-in-first-four-months-of-2026\/","title":{"rendered":"Remittances around US$4.08 billion in first four months of 2026"},"content":{"rendered":"\n
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The Central Bank of the Dominican Republic (BCRD) reports that remittance inflows reached a cumulative total of US$4.08 billion between January and April 2026, marking a 4.1% increase compared to the same period last year. For the month of April alone, the country received US$1.06 billion, which represents an increase of US$105.7 million over April 2025. This reflects a year-on-year growth of 11.1% for the month, a significant acceleration from the 3.5% growth observed in March 2026.<\/p>\n\n\n\n

The Central Bank emphasizes that this growth occurred despite a complex international environment. Persistent conflicts in the Middle East have driven up prices for oil and its derivatives, fueling inflationary pressures and reducing household disposable income abroad.<\/p>\n\n\n\n

US labor market and diaspora contributions
The bank attributes this rebound largely to the Dominican diaspora in the United States, which accounted for 82.5% of formal flows in April, totaling US$797.3 million. To provide context on the economic drivers of these flows, the Institute for Supply Management (ISM) reported a non-manufacturing Purchasing Managers’ Index (PMI) of 53.6 for April. This indicates continued expansion in the US service sector, where a significant portion of the Dominican diaspora is employed. While the overall US unemployment rate held steady at 4.3% in April 2026, matching the March level, job creation slowed, with only 115,000 new positions added.<\/p>\n\n\n\n

Second to the United States, Spain\u2019s Dominican population contributed US$59.5 million in remittances (6.2%). Italy was third with 1.2%, followed by Switzerland and Haiti with 1.1%.<\/p>\n\n\n\n

Regarding domestic distribution, the National District (Santo Domingo) received 50.9% of April\u2019s flows, followed by Santiago (10.0%) and Santo Domingo province (6.8%). Collectively, the country\u2019s metropolitan areas accounted for more than two-thirds (67.7%) of all remittances.<\/p>\n\n\n\n

Impact on exchange stability and reserves
These foreign currency inflows have supported the relative stability of the exchange rate. As of 30 April 2026, the Dominican peso appreciated 5.3% against the US dollar compared to December 2025. Furthermore, these flows have maintained international reserves at US$15.89 billion. This represents 11.8% of GDP and covers 5.8 months of imports, figures that remain above the thresholds recommended by the International Monetary Fund (IMF).<\/p>\n\n\n\n

2026 external sector outlook
The BCRD projects a positive trend for the remainder of 2026, estimating total foreign currency inflows will exceed US$48.9 billion. Key projections include:
\u2022 Remittances: Over US$12.2 billion.
\u2022 Tourism revenues: Over US$11.5 billion.
\u2022 Total exports: US$16.9 billion.
\u2022 Foreign Direct Investment (FDI): Over US$5.0 billion.
\u2022 Other service exports: Approximately US$3.0 billion.<\/p>\n\n\n\n

Read more in Spanish:
Central Bank <\/a><\/p>\n\n\n\n

12 May 2026<\/p>\n","protected":false},"excerpt":{"rendered":"

The Central Bank of the Dominican Republic (BCRD) reports that remittance inflows reached a cumulative total of US$4.08 billion between January and April 2026, marking a 4.1% increase compared to the same period last year. For the month of April alone, the country received US$1.06 billion, which represents an increase of US$105.7 million over April … <\/p>\n

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":[340,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/251319"}],"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=251319"}],"version-history":[{"count":2,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/251319\/revisions"}],"predecessor-version":[{"id":251342,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/251319\/revisions\/251342"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=251319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=251319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=251319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}