Dollar price surpasses RD$63 again after several weeks of decline

The sale of dollars in the Dominican Republic once again exceeded the threshold of RD$63 per one, according to the reference prices established by the Central Bank. Exactly one month ago the price reached its highest price.

The selling price of the dollar in Financial Entities was quoted this Wednesday at around RD$63.10 per one, while in Remittance and Exchange Agents a selling rate of RD$63.25 was reported.

In the last month, Financial Entities registered a 1.41% appreciation of the dollar in sales, and in Remittance and Exchange Agents, the appreciation has been 1.24% in sales, compared to the rates of a month ago.

Just a month ago, on September 8th, the dollar reached its highest price against the Dominican peso, selling at RD$64.13, which caused concern among economic sectors, but then fell to RD$61.60.

On two occasions this year, the Central Bank has taken measures to curb the rise of the dollar.

On March 24, the Monetary Board approved, to take effect on May 1, to cap dollar loans for non-foreign currency generators, amid a shortage of the US currency in the country, while external economists recommended a massive injection of dollars into the market by the entity.

On September 11, 2025, a regulation was approved to monitor that all foreign exchange purchase and sale transactions greater than US$10,000.00 and EUR$10,000.00 are reported to the Central Bank through the electronic foreign exchange trading platform.

With this resolution, the Monetary Board ordered the Central Bank to sanction and suspend the foreign exchange operations of the authorized participants through the electronic platform for foreign currency trading, who incur in practices contrary to current regulations, in particular those related to exchange rate margins.