1998News

Dollar drops on DR exchange markets

The peso is gaining this week on the US dollar after losing value for the past weeks. The US dollar was being sold for RD$15.75 in banks. Commercial banks maintain their purchase price of US dollars at RD$15.40-RD$15.50. The Central Bank rate is at RD$15.51 to the dollar. The dollar had hit highs of more than RD$16.20 to the dollar on the street markets last week.