LatinNews Daily - 16 March 2026

*The Dominican Republic’s central bank (BCRD) has released new figures showing that remittances to the country totalled US$887.6m in February, down from US$917.0m in February 2025 and US$982.8m in January 2026. Remittances in the first two months of 2026 reached US$1.87bn, up 1.0% on the same period in 2025. The BCRD attributes the slowdown in February to the “complex international environment”, highlighting that “conflict in the Middle East has driven up prices of oil and its derivatives, resulting in greater inflationary pressures and reducing household disposable income”. According to the BCRD, 83.4% of remittances to the Dominican Republic in February were from the US, 5.9% from Spain, 0.9% from Haiti, 1.2% from Italy, and 1.0% from Switzerland, among other countries.