The president of the Asociación Dominicana de Remesadores de Divisas, Freddy Ortíz has good news for visitors to the DR. He forecast that the upward trend of the dollar in regards to the Dominican peso will continue. He attributed the trend to an increased demand from subsidiaries of multinationals that need dollars to repatriate their profits. Some commercial banks were buying dollars for RD$14.35, but exchange houses and street vendors were offering up to RD$15.25 and selling for RD$15.25-RD$15.50.
