{"id":131932,"date":"2019-10-14T04:25:12","date_gmt":"2019-10-14T04:25:12","guid":{"rendered":"http:\/\/ny1.dr1.com.do\/wordpress\/?p=131932"},"modified":"2019-10-14T16:23:18","modified_gmt":"2019-10-14T16:23:18","slug":"central-bank-releases-more-legal-reserves-to-stimulate-economy","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2019\/10\/14\/central-bank-releases-more-legal-reserves-to-stimulate-economy\/","title":{"rendered":"Central Bank releases more legal reserves to stimulate economy"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"alignleft\"><img loading=\"lazy\" width=\"300\" height=\"119\" src=\"https:\/\/dr1.com\/wordpress\/wp-content\/uploads\/2019\/01\/Central-Bank-logo-e1546950606804.png\" alt=\"\" class=\"wp-image-120857\"\/><\/figure><\/div>\n\n\n\n<p>The Central Bank removed sectorial restrictions on RD$12.03 billion in legal reserves now cleared for lending by banks. The Central Bank authorized the funds to be used for home mortgages up to RD$15 million. In addition to home mortgages, the funds were cleared for exports, manufacturing, agriculture, commerce, small and medium-sized enterprises, consumer loans, and purchase of vehicles. <\/p>\n\n\n\n<p>Recently, the Central Bank had cleared RD$22.32 billion from legal reserve restrictions to stimulate the economy. <\/p>\n\n\n\n<p>Read more in Spanish:<br><a href=\"https:\/\/www.bancentral.gov.do\/a\/d\/4697-bcrd-elimina-sectorizacion-para-colocacion-de-recursos-de-encaje-legal-pendientes-de-desembolso-y-aumenta-hasta-rd150--millones-el-monto-de-los-prestamos-hipotecarios\">Banco Central<\/a><\/p>\n\n\n\n<p>14 October 2019<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank removed sectorial restrictions on RD$12.03 billion in legal reserves now cleared for lending by banks. The Central Bank authorized the funds to be used for home mortgages up to RD$15 million. In addition to home mortgages, the funds were cleared for exports, manufacturing, agriculture, commerce, small and medium-sized enterprises, consumer loans, and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2019\/10\/14\/central-bank-releases-more-legal-reserves-to-stimulate-economy\/\" 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\/131932"}],"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=131932"}],"version-history":[{"count":2,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/131932\/revisions"}],"predecessor-version":[{"id":131950,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/131932\/revisions\/131950"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=131932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=131932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=131932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}