Economy

Economy July 28, 2017 | 11:46 am

Central Bank releases US$425.0M of bank reserve

Santo Domingo.- Dominican Republic's Central Bank on Thur. announced a roll back of 2.2 percentage points to release RD$ 20.4 billion (US$425.0 million) of bank reserve, aimed at productive, export, agricultural, commercial, housing, SME and consumer sectors , among others. The Central Bank said the measure which takes effect August 1 was adopted during the meeting of the Monetary Board on Thur... Read more

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