The tax authorities are asking that all foreign currency generators present a full report of their transactions for the last 11 months. The DGII (internal revenue department) has given five days for companies that handle foreign currency, including exporters, free trade zones, hotels and tourist businesses, to declare all their dollar operations, as well as the banking and currency exchange sector. This order comes on the heels of the Banking Superintendence’s decree that currency exchange houses and remittance agents present all details of their foreign currency transactions on a daily basis. This measure is part of the government’s efforts to drive down the dollar-peso exchange rate, which yesterday stood at RD$39.50. The taxation authorities are stipulating that when the exchange houses make their reports, they should include the personal information and identification connected to any transaction equivalent to or exceeding the sum of US$10,000. The Banking Superintendence says this is a simple attempt to make operations more transparent.