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November 29, 2025
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The BCRD leaves its TPM unchanged at 5.25% annually

Central Bank reduces TPM by 25 basic points

He Central Bank of the Dominican Republic (BCRD) decided to keep his interest rate of monetary policy (TPM) in 5.25% annually. Likewise, the rate of the permanent liquidity expansion facility (1-day Repos) is maintains at 5.75% annually, while that of paid deposits (Overnight) will continue at 4.50% annually.

For this measure, the BCRD took into consideration the levels of global uncertainty and the recent inflationary pressuresmainly associated with the impact of external shocks and the Storm Melissa on food prices.

Likewise, it was considered that the transmission mechanism of monetary policy and that liquidity levels will remain high, which will continue to contribute to favorable financial conditionsas explained by the institution in a press release.

  • In a context of low inflationary pressures, the BCRD reduced the MPR by 50 basis points cumulatively since September, with the objective of promoting monetary conditions that contribute to boosting domestic demand.

At the same time, he continued to implement the liquidity provision program of 81 billion pesosapproved by the Monetary Board in June, with a disbursement that reaches approximately 73 billion to date.

The bank highlighted that, to the extent that the transmission mechanism of monetary policy, a significant decrease during the last few months in the interest rate interbank, going from a maximum of 12.6% in June to 7.0% in November of this year.

Likewise, he reported that during the last year the average passive rate weighted multiple banking decreased from 10.2% to 6.0% annually in November 2025 (420 basis points); while the weighted average active rate has fallen from 16.1% to 13.6% annually in the same period.

Credit growth

Meanwhile, the private credit In national currency, it registered year-on-year growth of around 8% at the end of November, driven by the construction loansacquisition of homes, commerce and hotels and restaurants.

It is important to highlight that the dominican economy It has strong fundamentals and a resilient productive sector, which are reflected in a better risk perception country in relation to the average of Latin America and other emerging economies, as indicated by the BCRD.

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