Pron?stico de 59 pesos por 1 d?lar

Formosano2000

New member
Mar 5, 2003
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Today's El Caribe carries the following estimate from Economist:

http://www.elcaribe.com.do/articulo...d=6ACEADD3910940DFB5577C0094A12AD3&Seccion=12

which forecast the USD-DOP level for 2004 and 2005.

Looks like things can only get worse, whoever the future president is. If I remember correctly, the Economist had forecast (back in summer of 2003) that DOP would be at 41 by Jan/2004. In hindsight, that was wildly conservative. The DOP dipped to a all-time low of 55 briefly by the end of Jan/2004 before bouncing back to the present level.