The Dominican economy is showing signs of slowing down. GDP grew 2.7% in the first quarter, down 4.5% from the growth reported for the same period in 2024. This is expected as the country reacts to external influences.
N Digital reports that the DR has the recent buffer of the decline in oil prices and the recent depreciation of the US dollar in the local exchange market. Economist Henri Hebrard explained that the National Budget considered the barrel of oil would be at US$81.30 when it is averaging US$59.55. Likewise, the government had budgeted the peso to decline to RD$63.15 to the US$ when it is now hovering around RD$58.96.
Meanwhile, the Central Bank emphasizes the resilience of the economy. The Central Bank of the Dominican Republic (BCRD) reported that preliminary figures from the Monthly Economic Activity Indicator (IMAE) for March 2025 show a...
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