{"id":143206,"date":"2020-06-25T08:24:42","date_gmt":"2020-06-25T12:24:42","guid":{"rendered":"https:\/\/dr1.com\/wordpress\/?p=143206"},"modified":"2020-06-25T11:47:37","modified_gmt":"2020-06-25T15:47:37","slug":"central-bank-government-warns-of-buying-expensive-dollars","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2020\/06\/25\/central-bank-government-warns-of-buying-expensive-dollars\/","title":{"rendered":"Central Bank government warns about buying expensive dollars"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"680\" src=\"https:\/\/dr1.com\/wordpress\/wp-content\/uploads\/2020\/01\/Banco-Central-de-la-Republica-Dominicana-El-Dinero-1024x680.jpg\" alt=\"\" class=\"wp-image-135017\"\/><\/figure>\n\n\n\n<p>The governor of the Central Bank, Hector Valdez Albizu warned those in the Dominican Republic about putting all their savings in US$ currency. The long-time economic authority said that those who convert their savings in pesos at high rates will take a loss when the economy recovers.<\/p>\n\n\n\n<p>The Central Bank announced remittances from abroad were up 17% in May. But the country has taken a big hit with the shutting down of its tourism industry, affecting the usual flow of hard currency. Nevertheless, consumer spending has declined considerably, compensating in a small measure for the decline in revenues.<\/p>\n\n\n\n<p>Read more in Spanish:<br><a href=\"https:\/\/hoy.com.do\/hector-valdez-albizu-aquellos-que-dolarizaron-ahorros-por-covid-19-podrian-perder-su-dinero\/\">Hoy <\/a><\/p>\n\n\n\n<p>25 June 2020<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The governor of the Central Bank, Hector Valdez Albizu warned those in the Dominican Republic about putting all their savings in US$ currency. The long-time economic authority said that those who convert their savings in pesos at high rates will take a loss when the economy recovers. The Central Bank announced remittances from abroad were &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2020\/06\/25\/central-bank-government-warns-of-buying-expensive-dollars\/\" 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":[271,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/143206"}],"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=143206"}],"version-history":[{"count":3,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/143206\/revisions"}],"predecessor-version":[{"id":143254,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/143206\/revisions\/143254"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=143206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=143206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=143206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}