Frederic, Would you please explain in some detail the move by the central bank to float the exchange rate? what short/long term effects will it have on the international competitiveness of DR production? Can you also explain what the different markets are for translating DR$ to US$? Is there a central place where one can go to get different bids/asks on the floating exchange rate? Is this done exlectronically, like the Nasdaq trades stocks?
thanks in advance, and apologies for the numerous questions
thanks in advance, and apologies for the numerous questions