Exchange Rate in Dominican Republic
Dominican Republic - Exchange Rate
The economy has performed well so far this year, and growth remains above-potential despite slowing somewhat from the blistering pace observed in 2018. Economic activity growth in January and February was underpinned by investment and private consumption, while tourist arrivals were up in Q1 and private-sector credit expanded at a double-digit pace in the year to April. In further positive news, remittances surged in annual terms in the first quarter, likely buoyed by a white-hot U.S. labor market. Moreover, the external position is solid: International reserves are at a healthy level, while the current account deficit is manageable. In a March staff visit, the IMF lauded the strong economic momentum and recent monetary and financial market reforms; however, the Fund also urged the government to focus on fiscal consolidation and find a solution for the loss-making electricity sector.Dominican Republic - Exchange Rate Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Exchange Rate (vs USD) | 42.69 | 44.28 | 45.53 | 46.34 | 47.80 |
Dominican Republic Exchange Rate Chart
Source: Dominican Republic Central Bank and FocusEconomics calculations
Dominican Republic Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 50.53 | 0.80 % | May 13 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
Dominican Republic: Growth ebbs in the first quarter but was likely still the fastest in the region
May 14, 2019
According to a preliminary estimate released by the Central Bank on 14 May, the economy expanded 5.7% in the first quarter of 2019.
Dominican Republic: Inflation rises in March, Central Bank leaves rates unchanged
April 30, 2019
Consumer prices rose 0.65% in March over the prior month, up from February’s 0.37% increase.
Dominican Republic: Economic activity remains strong at the outset of the year
March 28, 2019
The Dominican Republic’s economy continued to expand at an elevated pace in the first two months of 2019, although year-on-year growth was down somewhat from the rates observed last year, due to a less favorable base effect.
Dominican Republic: Inflation picks up in February
March 13, 2019
Consumer prices rose 0.37% in February over the prior month, contrasting January’s 0.17% decline.
Dominican Republic: Inflation continues to ease in January
February 28, 2019
Consumer prices fell 0.17% in January over the prior month, following December’s 0.22% month-on-month decline.
© Copyright: 2019 | Dominican Republic Exchange Rate | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed ...
