He Central Bank of the Dominican Republic (BCRD) decided to maintain its interest rate of monetary policy (TPM) in annual 5.75 %. Also, the permanent liquidity expansion rate (PLAC at 1 day) remains at 6.25 % per year, while the rate of paid deposits (Overnight) continues at 4.50 % per year.
For this measure it was taken into consideration that they are maintained Restrictive International Financial Conditions and uncertainty persists globally, associated with new tariff policies and geopolitical conflicts, as explained by the BCRD Through a press release.
At the national level, it was taken into account that the inflation It has been maintained since the first semester of 2023 within the range 4.0 % ± 1.0 % goal, add the document.
The inflation interannual was 3.40 % in July 2025while the underlying, which excludes the prices of the most volatile components of the basket, stood at 4.19 %, around the center of the finish line.
The forecast models of the BCRD They point out that inflation General and the underlying will continue within the target range of 4.0 % ± 1.0 % during the 2025 and 2026, in a Active monetary policy setting.
In an international context of High volatility and high interest rateshe BCRD has kept its rate of monetary policy During the first eight months of 2025, while adopted macroprudential measures with the aim of strengthening financial stability.
In addition, with the purpose of mitigating the impact of restrictive external conditions and uncertainty on the mechanism of transmission of the monetary policythe Monetary Board authorized a Liquidity provision program for RD $ 81 billion, of which some RD $ 51 billion has been disbursed to date, promoting credit channeling to the productive sectors in favorable conditions.
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At the national level, the monthly indicator of Economic Activity (IMAE) registered a growth of 2.9 % year-on-year in July, accumulating an expansion of 2.4 % in January-July of 2025. Following, the Dominican economy is expected to be gradually dynamic, reaching a growth around 3.0 % at the end of 2025, as global uncertainty is dissipated.
He Increase in public investmentprovided for in the state budget reformulation project and the flexibility of monetary conditions They could contribute to greater dynamization of domestic demand during the rest of 2025 and in next year, with a projected expansion between 4.0 % and 5.0 % by 2026.
In that sense, the bank interest rates have begun to decrease before higher levels of liquidity in the financial system. Likewise, the private credit in national currency records an year -on -year growth of more than 8 % at the end of August and is projected to accelerate its expansion rate until it is between 10 % and 12 % interannual at the end of the year.
Currency generation
In the external sector, the Dominican economy is expected to generate currencies for 46,160 million dollars during 2025, supported by the good performance of the tourismthe national exports and of Free zonesthe remittances and the direct foreign investment.
In that sense, a current account deficit of 2.5 % of the gross domestic product by 2025, which would be covered with slack for foreign direct investment estimated at about 4.8 billion dollars (annual growth of 6.2 %).
In this context, international reserves are located around US $ 13.8 billion in August, equivalent to about 11 % of GDP and about five months of imports, exceeding the Metrics recommended by the International Monetary Fund.
