The Central Bank governor, Héctor Valdez Albizu, says that at this point in time he can guarantee that there will be no economic instability in the country and confirmed that the rate of inflation has been maintained this year at 1.8%. He also said that there are no reasons whatsoever for people to be afraid of a devaluation in the peso or an increase in interest rates. Mr. Valdez Albizu explained that when the season begins for Dominicans living abroad to come for the holidays, the currency exchange rate will go down because of the amount of U.S. currency coming into the country. In the case of interest rates, he said that commercial banks have over RD$1,500 million in excess of deposits, so it is expected that the interest rate will be lowered because of a high surplus of money in the economy.