DR1 Daily News - Dominican Republic
DR1.com is the leading English news source in the Dominican Republic for over 30 years.
Showing articles from the past 7 days. To read past articles, visit our DR1.com Daily News Forum.
News · Click here for DR1 Travel News
The Governor of the BCRD Hector Valdez Albizu rendered an outlook of the Dominican economy to investors meeting for a videoconference on Central America and the Caribbean organized by the Bank of America Securities, the multinational investment bank.
Domestic and international bank and investor analyst groups have already forecast the Dominican Republic is on its way to recovery and is an ideal investment destination. During his virtual speech, Valdez Albizu reviewed the implementation of monetary measures to address the impact of the Covid-19 and provided key information on the Dominican Republic’s outlook in a regional context. He forecast the country will recover the fastest in the region from the crisis caused by the pandemic. He attributed this to the strong fundamentals in place and the country’s proven resilience.
[b]Historic reduction in interest rate[/b]In his...