Economy November 7, 2016 - 1:25 pm

Industries laud Central Bank on dollars galore

Santo Domingo.- Herrera and Santo DomingoProvince Industries Association (AEIH) president Antonio Taveras on Monday laudedthe Central Bank’s "effective" and recent measures to ease thepressure on the dollar’s exchange rate, resulting from the rationing verified inthe market.

He called the upward adjustment in theMonetary Policy Rate (MPR) "appropriate," with which the monetaryauthority in his view sends a clear signal that will limit any inflationaryoutbreak of monetary origin.

He said the flow of dollars into the economyhas fortunately begun to improve, after seasonal factors led to the yearenddollar shortage.

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