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Thread: Exchange rate, Economic growth, and GDP

  1. #1
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    Mar 2008
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    Default Exchange rate, Economic growth, and GDP

    Is there a correlation between the exchange rate (dollars to pesos) and DR's ecomonic growth in the 90's and this decade, and GDP? I'm asking because growing up in the late 80's and early 90's I recaled my dad and friends talking about "ah como 'ta el peso" and remember druring that time it hovered around 11-14 pesos per dollar and now it's over twice that but yet DR has experienced substantial growth and modernized in the last few decades. Thanks in advance!
    Last edited by Serac; 01-04-2009 at 01:42 AM. Reason: Misspelled word in titled. Changed "exchane" to "exchange"

  2. #2
    Newbie
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    Jul 2009
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    Thanks for the suggestion, I wish it had worked.


    credit auto

  3. #3
    rockero
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    I AM Confused on this cause it did go near to 50 pesos for awhile too...

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