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September 16, 2025
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Abinader will react to the increase of the dollar: “There are dollars in the market”

Remittances exceeded in August the one billion dollars

The President of the Republic, Luis Abinadersaid on Monday afternoon that the exchange market of the dollar this under controlafter the US currency was appreciated about the Dominican weight in recent days.

The change of dollar came to overcome the 64 for a peso Last week, which lit the alarms in the country’s financial markets. The situation caused the intervention of the financial authorities, which quickly took measures.

Abinader He affirmed that “already the dollar ha diminished more than One hundred points“And that has stabilized about 62.00 pesos.

“I think the buysI have not seen it today, but the buys I was between 62 with 40 in average“The president said when answering a question during the weekly with the press on Monday, September 15.

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He believes that he will continue to go down

He stated that the panorama indicates that there will be a downward trend in it exchange sector. “So he had reduced more than 100 points And it seems that it will reduce more, “he said.

  • “Therefore that is today under control,” he said.

“There is dollars In the market “

Abinader He recalled, in that sense, that we must take into account, as factors that have influenced the situation, the increase in remittances and the Exports among other economic lines.

“In addition, today there were data on the remittancesand about those remittances, You saw that they have increasedbut likewise, as I said on other occasions, they have increased the Exports Free zone, have increased Tourism income and other Exportsas the case also of the Exports agricultural, the Exports also gold, that is, there are enough markets, more than enough dollars In the market, “the president guaranteed.

Dominican journalist. Graduate of the UASD. It has extensive experience in digital and research journalism.

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