Economy April 17, 2025 - 9:10 am

Central Bank highlights Dominican peso’s appreciation against the US dollar

Santo Domingo.- The Central Bank of the Dominican Republic reported that the weighted average exchange rate for the US dollar stood at RD$59.55 for purchases and RD$59.83 for sales as of Wednesday. These figures represent a 2.3% and 2.5% appreciation of the Dominican peso compared to the end of 2024.

According to the institution, this appreciation strengthens the national currency, enhancing the purchasing power of households and businesses that rely on the peso for transactions. The bank also noted that the Dominican peso ranks fifth among Latin American currencies with the highest appreciation against the US dollar so far in 2025.

This performance reflects growing confidence in the Dominican economy and the effectiveness of the Central Bank’s monetary policies in maintaining exchange rate stability amid global economic challenges.

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