The Central Bank of the Dominican Republic (BCRD) met with the Minister of Finance and Economy, the Superintendent of Banks, and the heads of the country’s main financial institutions to review economic conditions and agree a coordinated approach aimed at preserving macroeconomic stability. The BCRD reaffirmed expectations of a gradual recovery, with 2025 growth projected at around 3.0%, with scope for faster expansion if public investment accelerates and monetary conditions can be further eased. The BCRD attributed recent exchange rate volatility mainly to September seasonality linked to inventory purchases ahead of year-end sales, noting that foreign-currency generating activities remain dynamic. It projected foreign exchange inflows of more than US$46.160 billion by year-end and foreign direct investment of US$4.860 billion in 2025, expected to more than cover the projected current account deficit. As a reference point, the 2025 state budget assumes an average exchange rate of RD$63.11 per US dollar, while the observed average over the first eight months was around RD$61.20. The central bank also pointed to falling interest rates following May liquidity measures, including a decline in the multiple-bank interbank rate to 8.59% from 13.19% (down 460 basis points), and reported that the financial system remains well-capitalised and profitable, with a solvency ratio of 18.39% against a 10% regulatory minimum. Looking ahead, the BCRD indicated that the Monetary Board will consider amendments to the foreign exchange regulation on Thursday, following a public consultation period of around 30 days.

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