2005News

For-ex rate goes up again

The dollar-peso exchange rate has started to rise again. Yesterday, the US dollar was selling for RD$33.40, one peso higher than the closing rate last Friday. The purchasing price was between RD$32.50 and RD$32.90. Last Friday, the purchasing price was RD$32.07. Exchange agents were selling the US currency between RD$33.45 and RD$33.50 and the purchasing rate was between US$32.50 and RD$32.90. Commercial banks were selling between RD$33.00 and RD$33.50. The price increase is expected to remain stable for the rest of the week. Meanwhile the Euro was being sold for RD$38.50 and RD$39.00, and purchased for RD$36.00 and RD$36.50.