National District And Santo Domingo Lead in Remittance Receipts

• 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%. In June alone, remittances totalled US$923.8Mn, representing a 7.9% increase 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$14.79Bn, equivalent to 11.3% of GDP and covering 5.4 months of imports, surpassing IMF-recommended levels.

(Source: Dominican Today)