Central Bank at US$8.B international reserves; Jan. prices climb 0.29%

Santo Domingo.- The Central Bank projects that the Dominican economy could be between 5.5% and 6% of its GDP and announced  that international reserves have reached the milestone of US$8.0 billion.

It said January prices climbed 0.29%, and that year-on-year inflation stood at 3.86%, “slightly below the central value of the target range of 4.0% ± 1.0% established in the Monetary Program.”

“The economy continues to react favorably to the monetary easing measures implemented in the last two quarters of last year,” the Central Bank said in a statement.

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