1998News

RD$15.35 to the US dollar

The Central Bank set the exchange rate to the US dollar at RD$15.35 today. The level is up RD$0.02 from the RD$15.33 level set by the monetary authorities on 2 July after almost two years of the official market rate being RD$14.02. Exchange banks and commercial banks were selling the dollar for RD$15.54 and RD$15.77, according to press reports.