2025News

Dominican peso devaluation trend is on hold

The US dollar exchange rate experienced a further decline on Wednesday, 2 April 2025 closing at RD$62.68 for buying and RD$63.00 for selling, according to official data from the Central Bank of the Dominican Republic.

This rate reflects a 40-point drop from the previous day, continuing a steady downward trend observed throughout the week, El Dia reports.

Currency consumers have reported being able to purchase dollars without restrictions, indicating a stable market and normal transaction flow.

The Central Bank’s daily reports confirmed the decline, with Tuesday’s closing rates at RD$63.02 for buying and RD$63.41 for selling. This represents an accumulated depreciation of 3.4% for buying and 3.3% for selling compared to the previous day.

El Dia reports that the exchange rates offered by major banks in the system showed slight variations. Banco de Reservas quoted the dollar at RD$61.80 for buying and RD$63.30 for selling, while Banco Popular listed it at RD$63.45 for selling and RD$61.50 for buying. BHD also sold the dollar at RD$63.45 and bought it at RD$61.65.

The local exchange rate officially reached RD$63.00 per dollar on Friday, March 14, 2024, marking the beginning of the Dominican peso’s gradual appreciation against the US dollar.

Read more in Spanish:
El Dia

3 April 2025