I have never heard of ANY financial adviser, stock broker or wealth management expert suggest placing money in the D.R as part of a sound well balanced portfolio. There are way too many other sound and secure instruments available to put your money into to even remotely consider the D.R. ..as stated day to day money for incidentals only.
That is Financial bigotry.
It is NOT placing money in the DR. It is placing money in a specific bank which happens to be based in the DR.
But since you asked, there definitely ARE financial advisers who do advise "placing money in the D.R as part of a sound well balanced portfolio".
How do I know?
Because the DR sovereign bonds have been selling quite well, and they have been honored regularly.