In 8 months remittances go for US $ 7,031.5 million

Santo Domingo, RD.

The flow of remittances in the country achieved in the first eight months of the year the figure of 7,031.5 million US dollars, Higher by US $ 1,959.1 million than the same period in 2020, representing a year-on-year growth of 38.6%.

By contrasting these Central Bank statistics with August 2019 (pre-pandemic year), remittances for the first eight months of 2021 showed a growth of 48.8%.

In a statement, the financial institution reported that sin August 2021 alone, $ 872 million was received for this concept, which when compared to the US $ 769,900,000 in 2020, represents an increase of 13.3%

provinces

The largest foreign exchange flow was received on National District (33.8%), followed by Santiago (14.4%), Santo Domingo (8.4%), Duarte (5.5%), La Vega (3.8%), Peravia (3.3%), and Puerto Plata (3.0%).

The Central Bank explained that the continuous improvement in the economic conditions of the United States is one of the main factors that continues to affect the behavior of remittances, since from this country came 84.5% of the flows of July 2021, where the sum received was US $ 896.4 million.

.Source