Economy July 15, 2025 | 10:27 am

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National District and Santo Domingo lead in remittance receipts

Santo Domingo.- During the first half of 2025, Dominicans living abroad sent a total of US$5.83 billion in remittances to the country—an 11.2% increase compared to the same period in 2024—according to data from the Central Bank. The National District and Santo Domingo province together accounted for 46.2% of the total, with the National District alone receiving 38.2%. Santiago followed with 12.5%, and Santo Domingo province with 8.0%, underscoring the dominance of the metropolitan areas, which collectively received 58.7% of all remittances.

Regionally, the Northern region received 12.7%, the Eastern region 7.9%, and the Southern region 6.0%. June alone registered remittances of US$923.8 million, up 7.9% from June 2024.

The Central Bank highlighted that this strong inflow of foreign currency has helped maintain exchange rate stability. By the end of June 2025, the Dominican peso had depreciated only 2.1% compared to the end of 2024. Additionally, these remittances contributed to a healthy level of international reserves, which stood at US$14.79 billion—equivalent to 11.3% of GDP and covering 5.4 months of imports, surpassing IMF-recommended levels.

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