The Central Bank Maintains Its Monetary Policy Rate at 5.75% per Year
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The Central Bank of the Dominican Republic (BCRD) decided to maintain its monetary policy rate (MPR) at 5.75 % per year, after assessing the performance of the national and international economy. The rates of permanent ease of expansion of liquidity and of overnight remunerated deposits will remain at 6.25 % and 4.50 %, respectively. BCRD explained that year-on-year inflation stood at 3.71 % in April, within the target range of 4.0 % ± 1.0 %. Th…
The Central Bank of the Dominican Republic (BCRD) reported this Friday that at its monetary policy meeting in May 2025 it decided to maintain its monetary policy interest rate (CPR) at 5.75 % per year. It also indicated that the rate of the permanent liquidity expansion facility (1-day Repos) remains at 6.25 % per year, while the rate of remunerated deposits (Overnight) remains at 4.50 % per year. For this measure, account was taken of recent de…
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