The dollar is sliding downwards in Dominican exchange banks. From charging those purchasing dollars RD$15.77 earlier this week, the exchange banks are now requesting RD$15.72. The decline occurred despite the fact that the Central Bank increased the purchasing rate of the dollar from RD$15.33 to RD$15.35. Dollars are being bought from RD$15 to RD$15.40 in banks and from street vendors. News reports indicate that the Banco Popular and the Citibank were paying RD$15.20 to the dollar, the Scotiabank and Banco de Reservas were paying RD$15.25.
