He Central Bank of the Dominican Republic (BCRD) He informed that this Wednesday, April 16, the average exchange rate weighted in the currency market It was below 60 pesos per dollarmarking an important milestone in the country’s exchange policy.
In a statement, the institution indicated that according to the official data, the average exchange rate for the purchase was 59.55 pesos per dollarwhile the sales rate reached 59.83 pesoswhich represents a 2.3 % and 2.5 % appreciationrespectively, compared to the closure of December 2024.
In the wholesale market, transactions were reported even around 59.50 pesos per dollar.
The Central Bank stressed that this appreciation of Dominican weight Improves the purchasing power of households and economic agents who carry out their operations in national currency, reducing the cost of imports and relieving pressures on internal prices.
In addition, the institution pointed out that the Dominican weight It is currently positioned as the Fifth Latin America with greater strengthening against the US dollar So far this year.
Confidence reflection in international context
This result reflects the market confidence in the Dominican economy And in the monetary policies implemented to maintain exchange stability, monetary authorities highlighted.
The Central Bank stressed that this behavior is even more relevant in an international context characterized by economic uncertaintieshigh inflation in developed economies and volatility in global financial markets.
