{"id":127122,"date":"2019-06-03T11:46:39","date_gmt":"2019-06-03T11:46:39","guid":{"rendered":"https:\/\/dr1.do\/?p=127122"},"modified":"2019-06-04T13:06:24","modified_gmt":"2019-06-04T13:06:24","slug":"monetary-board-frees-up-rd29-billion-from-legal-reserves","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2019\/06\/03\/monetary-board-frees-up-rd29-billion-from-legal-reserves\/","title":{"rendered":"Monetary Board frees up RD$29 billion from legal reserves"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img loading=\"lazy\" width=\"1024\" height=\"683\" src=\"https:\/\/dr1.do\/wp-content\/uploads\/2019\/06\/Hector-Valdez-Albizu-Central-Bank-1024x683.jpg\" alt=\"\" class=\"wp-image-127190\" srcset=\"https:\/\/dr1.com\/news\/wp-content\/uploads\/2019\/06\/Hector-Valdez-Albizu-Central-Bank.jpg 1024w, https:\/\/dr1.com\/news\/wp-content\/uploads\/2019\/06\/Hector-Valdez-Albizu-Central-Bank-300x200.jpg 300w, https:\/\/dr1.com\/news\/wp-content\/uploads\/2019\/06\/Hector-Valdez-Albizu-Central-Bank-768x512.jpg 768w\" sizes=\"(max-width: 706px) 89vw, (max-width: 767px) 82vw, 740px\" \/><figcaption>H\u00e9ctor Valdez Albizu \/ Central Bank<\/figcaption><\/figure>\n\n\n\n<p> The Monetary Board has authorized RD$29 billion currently on deposit as part of the commercial bank&#8217;s legal reserve for use by the banks in loans to &#8220;the productive sector.&#8221; The money will be aimed at exports, manufacturing, farming, housing, commerce and small businesses. <\/p>\n\n\n\n<p>The money would be lent at a 9% interest rate for up to six years for businesses and six years for housing purchases. <\/p>\n\n\n\n<p>Read more in Spanish:<br><a href=\"https:\/\/www.bancentral.gov.do\/a\/d\/4551-junta-monetaria-libera-mas-de-rd290000-millones-del-encaje-legal-para-financiar-los-sectores-productivos\">Banco&nbsp;Central<\/a><\/p>\n\n\n\n<p>3 June 2019<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Monetary Board has authorized RD$29 billion currently on deposit as part of the commercial bank&#8217;s legal reserve for use by the banks in loans to &#8220;the productive sector.&#8221; The money will be aimed at exports, manufacturing, farming, housing, commerce and small businesses. The money would be lent at a 9% interest rate for up &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2019\/06\/03\/monetary-board-frees-up-rd29-billion-from-legal-reserves\/\" class=\"more-link\">Read more\u2026<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[154,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/127122"}],"collection":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/comments?post=127122"}],"version-history":[{"count":3,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/127122\/revisions"}],"predecessor-version":[{"id":127191,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/127122\/revisions\/127191"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=127122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=127122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=127122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}