Peso stable against the dollar but RD$50 x US$1.0 looms

Santo Domingo,.- The Dominican peso continues stable against the dollar in the country’s currency market as of Feb. 26, but a slow march that will take it to the RD$50.0 milestone within weeks likely inevitable.

According to the Central Bank sellers get RD$48.91 per dollar, while buyers can expect to pay RD$48.98 per dollar.

The figures come amid the insistence of a dollar crunch by retail, industry, importers and other sectors.

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