Former president of the National Council of Business, Celso Marranzini urged that the government reduce the exchange rate and lower interest rates on loans in order to motorize the economy. He also said that the economy would benefit if allowed to float to its real price of RD$30-RD$32 and not the present RD$28-US$1. He said that the present rate is not competitive. “We businessmen are sinking,” he said, as reported in Diario Libre.
He said no project can yield a profit if interest rates of 25 to 30% need to be paid.