Economy

Economy July 21, 2022 | 10:22 am

Pension funds take a hit, managers say

Santo Domingo.- The profitability of pension funds continues to slow down. The Dominican Association of Pension Fund Administrators (Adafp) attributes it to the inflationary scale that is recorded by Russia's invasion of Ukrainian territory and the appreciation of the peso against the US dollar, which in June 2022 was valued at 36 cents. For last February, the Adafp indicated that the benefits, p... Read more

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