1998News

Telecommunications not in free trade agreement

The free trade agreement the Dominican Republic will sign with the Caribbean will not include the telecommunications sector, according to services sector negotiator Federico Cuello. Cuello explained that the negotiators agreed to incorporate the services sector when the individual nations pass telecommunication reform bills. The DR recently passed a modern telecommunications bill. Chief negotiator for …
1998News

Dollar stable on exchange market

The Central Bank announced that new dollar rate is RD$15.34, up from RD$15.32 last week. Dollars were being sold for RD$15.42-RD$15.45 in commercial banks and exchange houses and purchased from RD$15 to RD$15.20, in these. Citibank, Scotiabank and Popular were purchasing dollars at RD$15.20. BHD was offering RD$15. Baninter, Progreso and Bancredito were offering RD$15.15.