Economy

Economy October 1, 2022 | 9:04 am

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

Santo Domingo, DR The Central Bank (BCRD), at its September 2022 policy meeting, decided last night to increase its monetary policy interest rate (TPM) by 25 basis points, from 8.00 % to 8.25 % per annum. Thus, the rate on the ... Read more

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

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

Buy car in DR

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

Euro recovers to parity on European Central Bank’s hawkish stance

Real estate experts say that the time to invest is now

Dominican Republic recorded record number of tourist visits in August with 621,953, says the Government

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EXCHANGE RATES

US Dollar (Buy) RD$ 58.00
US Dollar (Sell) RD$ 61.95
Euro (Buy) RD$ 69.10
Euro (Sell) RD$ 73.70
Canadian Dollar (Buy) RD$ 40.70
Canadian Dollar (Sell) RD$ 45.20

FUEL PRICES

Premium RD$ 314.10
Regular RD$ 294.50
Diesel RD$ 246.80
Propane RD$ 137.20