Dominican Republic Banking Opening a Bank Account Many people might assume that banking could be problematic and or even unsafe in the Dominican Republic, but it is neither of those things. This article explains how you can open a bank account, how the systems work, how you can manage your money, and how to transfer […]
Central Bank keeps benchmark rate at 5% on upbeat trends Santo Domingo.- Dominican Republic’s Central Bank on Monday announced that its benchmark rate will remain at 5% annually, a decision it affirms took into account the balance of risks around inflation forecasts, market expectations and the global environment. “In June the annual rate of inflation […]