Remittances to the Dominican Republic reached USD 7,100 mln during the first eight months of 2024, showing a 5.1% increase compared to the same period in 2023. August 2024 alone saw USD 952.3 mln in remittances, a 10.7% increase from August 2023. The Dominican Republic is projected to receive over USD 10,500 mln in remittances by the end of 2024, with total foreign exchange earnings expected to exceed USD 42,600 mln.