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View Full Version : Dominicans sending more money



NewsWhore
06-27-2011, 02:10 PM
The Central Bank reports that remittances are up 5%, or US$36.8 million during the first quarter of the year. From January to March, a total of US$763.9 million was received in remittances, compared to US$727.1 million for the same period in 2010, as reported in Diario Libre. According to the Central Bank, 40% of Dominican families depend on remittances sent by their relatives abroad. The DR receives approximately US$3 billion a year in remittances. In 2010, remittances declined to US$2.9 billion.

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