The Central Bank announced the peso is now valued officially at RD$15.32 to the US$1. The rate is three points lower than last week’s rate of RD$15.35. Clarissa de la Rocha, director of the International Department of the Central Bank, said the decline is due to an increase in the availability of dollars in exchange banks and commercial banks. Commercial banks are now selling dollars for RD$15.45 and purchasing them from RD$15 to RD$15.25. The BHD was offering RD$15 to the dollar, Banco Popular and Citibank were offering RD$15.20, Scotia Bank was offering RD$15.25.
