International Reserves in Dominican Republic

Dominican Republic International Reserves | Economic News & Forecasts

Dominican Republic - International Reserves

The economy gained steam in the third quarter according to preliminary data. While a sectoral breakdown is still outstanding, recent monetary easing was likely a key driver, as it boosted credit growth and should have buttressed domestic activity. Moreover, remittance growth accelerated in Q3, which should have fed through to strong private consumption. Less positively, the vital tourism sector—which is worth close to 10% of GDP and represents an important source of foreign currency—continued to suffer from recent bad press linked to visitor deaths, with visitor arrivals contacting in September for the third straight month. This comes after a marked slowdown in the second quarter on the back of a less favourable external environment and domestic political uncertainty.

Dominican Republic - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD)4.7  4.9  5.3  6.0  6.8  

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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

ValueChangeDate
Exchange Rate51.260.80 %Sep 04

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