2003News

Countdown on adjustments

Various adjustments in the macroeconomic structure of the Dominican Republic have begun to expire, according to the List?n Diario. On 15 April, the measure that limited credit expired and the controversial 10% surcharge on imports is due to expire 10 May. These measures were part of a package that the President announced in February in order to lower the exchange rate. The different measures have had a very limited impact on the depreciation of the peso, which yesterday was being sold for more than RD$25.35 to the US dollar.