The Dominican Business Federation is advising the Central Bank to keep an eye on the currency market to ensure that inflation does not increase over the next few weeks due to the price increases caused by the new tax dispositions and the increase in the exchange rate.
Federation president Ivan Garcia warned that this combination could mean that the country would suffer from high inflation over the first three months of this year, and that people do not remember that the exchange rate began last year at RD$39.00 to the dollar and ended at RD$40.50.
www.diariolibre.com/economia/2013/01/09/i366833_comerciantes-piden-banco-central-vigilar-tasa-cambio.html