Economy October 23, 2019 | 11:52 am

Dollar continues to rise in Dominican Republic approaches 53 DOP to US $1

SANTO DOMINGO, Dominican Republic.- The dollar rate has continued to increase in the Dominican Republic despite the measures that the Central Bank has applied to prevent it, according to press reports.

The same round the 53 pesos per dollar and economists predict that there could be new increases.

Businessmen, merchants, and economists attribute the stability to the tension generated by the conflict in the governmental Dominican Liberation Party.

On September 16, the Central Bank injected more than $ 100 million into the foreign exchange market in order to stabilize it.

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