Economy

Economy October 4, 2022 | 12:47 pm

Over the past 27 months, the peso has appreciated by 8.75% against the dollar

When comparing the price of the US currency in July 2020 with September 2022, the Dominican peso has appreciated by 8.75% (RD$5.0968), while the average exchange rate for sale decreased from RD$58.2693 to RD$53.5243. 27 months have passed throughout this time, and with very few exceptions, the foreign exchange market has only slightly moved in the other direction. Why is the dollar weakening versu... Read more

Dependence on imports delays the Dominican Republic’s reduction in inflation

The United States will provide three million dollars to finance an agricultural project in the Dominican Republic

The Central Bank raises its interest rate 25 points and takes it from 8 % to 8.25 %

Prices of all fuels will remain the same during this week

Agriculture and four other ministries will have less budget in 2023, according to project

Losses in the agricultural sector could exceed RD$2 billion

Payment of 10 dollars to Dominican passengers and resident foreigners eliminated

PLD deputy asks the Government to lower gas and gasoline prices

Government contributes more than RD$ 99 million for municipalities and districts affected by Fiona

An Atmospheric Event Can Generate Losses of US$1.1 Billion in the DR

This time tourism was better able to weather the hurricane

Edesur uses technology to be more efficient and reduce costs

Government keeps the price of fuel the same

Airport Association assures security cameras make criminal actions “extremely difficult”

In 2021, foreign investment in the Dominican Republic reached US$3,102.1 million

Buy car in DR

Haiti imported 97.6 % of goods from the Dominican Republic in more than seven years

Construction material prices must reflect reality

Central Bank governor assures tourism is the “backbone” of recovery

Minister of Economy affirms the country’s improvement in the HDI demonstrates the country’s great resilience

Oil, powdered milk, salami and eggs fell in price

Lower the price of fuel

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