Remittances are stable

[NewsWhore]

Even though the current economic downturn has caused financial difficulties across the globe, the Latin American and Caribbean Economic System (SELA) says that remittances have remained stable during 2008 and 2009. The study polled immigrants in the US from five different countries, including the DR. Of all Dominicans polled, 71% send back the same amount of money each month, while 15% send more money and 14% send less. According to SELA, the average Dominican in the US sends US$218 per month to family members in the DR. Asked why they had immigrated to the US, many of the Dominicans interviewed said that the cost of living made it difficult to live in the DR. The poll also revealed that 66% of Dominicans polled felt confident that they would keep their jobs.

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