Dominican Republic confident in new inflation target; holds rates

business graph

The monetary board at the Central Bank of the Dominican Republic voted to leave interests rates unchanged on February 2, its first meeting since introducing a new inflation-targeting framework.

The benchmark overnight rate will remain at 6.75%, while the emergency lending Lombard rate will stay at 9%. Annual consumer price index (CPI) inflation was estimated to have reached 7.8% in December 2011. Under the new inflation targeting framework adopted on January 19, the monetary board will target a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: