The Standard Bank released yesterday an update on the Dominican economy. The reporting agency comments on the effects the recently tightened monetary policy and depreciating currency are having on the banking system and the economy in general. The Dominican Republic is the subject of interest of the international capital market agencies, now that the Mejia government has placed US$1.1 billion in sovereign bonds on the international capital markets. To read the complete report, see
http://www.dr1.com/news/2003/drUpdate.pdf