International Reserves in Dominican Republic

Dominican Republic International Reserves | Economic News & Forecasts

Dominican Republic - International Reserves

Growth was strong in Q3, albeit lower than in Q2 due to a weaker base effect and a softer global recovery. Falling Covid-19 cases and the gradual relaxation of restrictions likely played a role in boosting activity in Q3, while private consumption was supported by falling inflation and unemployment, plus high remittances—although a slowing U.S. recovery meant remittance growth was lower than in Q2. Fixed investment and government consumption were likely aided by still-supportive monetary and fiscal stances, respectively. Moreover, tourism continued its strong recovery, with September’s visitor arrivals beating those of the corresponding period in 2019. Heading into Q4, prospects appear somewhat less rosy, amid a recent surge in virus cases that led the government to require citizens to display Covid-19 passes in order to enter many establishments.

Dominican Republic - International Reserves Data

2015   2016   2017   2018   2019  
International Reserves (USD)5.3  6.0  6.8  7.6  8.8  

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Dominican Republic International Reserves Chart

Dominican Republic International Reserves
Note: International reserves in months of imports.
Source: Dominican Republic Central Bank and FocusEconomics calculations

Dominican Republic Facts

Value Change Date
Exchange Rate52.960.80 %Jan 01

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