{"id":47605,"date":"1998-04-27T01:43:56","date_gmt":"1998-04-27T01:43:56","guid":{"rendered":"http:\/\/dr1.com\/new\/pages\/dollar-reaps-15-40-pesos\/"},"modified":"1998-04-27T01:43:56","modified_gmt":"1998-04-27T01:43:56","slug":"dollar-reaps-15-40-pesos","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/1998\/04\/27\/dollar-reaps-15-40-pesos\/","title":{"rendered":"Dollar reaps $15.40 pesos"},"content":{"rendered":"<p>It&#8217;s a good time to visit the Dominican Republic. The dollar is commanding an all time high of US$15.40 pesos. As a result of government efforts to stall the increase of the U.S. currency, the government is restricting the liquidity in banks, and the prime rate has climbed to 28%, up from 18% early this year. Local manufacturers and farmers complain that the high interest rates affect local production and job creation. The official rate continues to be RD$14.02, amidst demands from the exporter sector that the government allow the foreign exchange to float completely.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s a good time to visit the Dominican Republic. The dollar is commanding an all time high of US$15.40 pesos. As a result of government efforts to stall the increase of the U.S. currency, the government is restricting the liquidity in banks, and the prime rate has climbed to 28%, up from 18% early this &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/1998\/04\/27\/dollar-reaps-15-40-pesos\/\" class=\"more-link\">Read more\u2026<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[11,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/47605"}],"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=47605"}],"version-history":[{"count":0,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/47605\/revisions"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=47605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=47605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=47605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}