From the DR1 news this morning..........reports of the peso being 60:1 in some places;
More pain for the peso is yet to come.
Respectfully,
Playacaribe2
The peso reaches historic depreciation; sales at RD$60 to 1 are reported
The Central Bank announced it will be injecting US$60 million of reserves into the financial system to quell the marked depreciation of the Dominican peso. The official rate on 26 May 2020 was RD$56 to US$1, but banks do not have US$ available to meet the demand. The situation has been happening...
dr1.com
More pain for the peso is yet to come.
Respectfully,
Playacaribe2