Bad end to the day for him Exchange rate in the Dominican Republic after him Weight We failed to reverse the negative trend that started the day and ended this session Monday, December 15th Trade down against the dollar.
In the last meeting the US dollars was negotiated at closing Average 63.19 Dominican pesoswhich represented a 0.1% change from the previous session’s 63.13 pesos, it said Dow Jones.
According to financial analysis from Monex, the exchange rate is responding to investor attention focused on various monetary policy meetings throughout the week.
Comments from various members of the Federal Reserve (FED) are expected later in the week, which could add to investors’ expectations about the direction of monetary policy, which is currently expected to pause for the first meeting of 2026.
Based on the profitability of the last seven days, this is US dollars recorded a decline of 1.11%; However, there has still been an increase for a year 2.62%.
If we compare the value with the previous days, we see that the previous day’s data was reversed, when it closed with a decrease of 0.8%, without detecting a defined trend. Looking at the volatility of these seven days, it can be seen that it was higher than that accumulated over the last year, so it shows larger changes than the general value trend.
According to official forecasts, this year appears to be one of relative macroeconomic stability for the Dominican Republic.
The Dominican Republic’s central bank predicts that the local currency will barely lose value over the course of 2025, ending the year at 62.3 pesos per dollar.
In addition, gross domestic product (GDP) is expected to grow by up to 5% this year, driven by domestic demand, investment and tourism.
As for inflation, the Central Bank of the Dominican Republic has not provided a forecast, but has indicated that the factors that will influence its behavior include monetary policy, the international environment, fiscal policy and recent price developments.
However, considering that inflation was around 4% last year, this trend is expected to continue.
The Dominican Peso is the official currency of the Dominican Republic, abbreviated as DOP, and was introduced in 1971 after the dissolution of the gold standard. At first it was called “gold peso” or “Dominican gold peso”.
In 2010, the constitution was amended to state that “the national monetary unit is the Dominican peso”; A gradual replacement of the notes and coins with the old inscriptions of Dominican pesos then began in 2017.
The banknotes currently in circulation are 50, 100, 200, 500, 1,000 and 2,000 Pesos Oros. The 5 and 10 peso notes were no longer put into circulation and were replaced by 5, 10 and 25 peso coins, respectively. Meanwhile, the 500 and 2,000 peso gold notes were issued to mark the 500th anniversary of the discovery of America and the beginning of the new millennium.
It should be noted that all bills bear the phrase: “This bill has dispensing force for the payment of all obligations, public or private.”
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