2005News

Foreign exchange relatively stable

The US dollar exchange rate opened without major variations this week compared to its closing last Friday. Listin Diario reports that the currency was being sold at between RD$30.50 and RD$31.00 as compared to RD$30.59 and RD$31.00 on Friday. The purchase rate was between RD$30.00 and RD$30.85, a 10 cent increase in some cases. The exchange rate began to decrease last Thursday when the Banco de Reservas announced it would have a fixed rate of RD$30.59.