An analysis published by the Central Bank explains that the depreciation of the US dollar against the Dominican peso, which has been approximately 5.28% since April 2025 and 8% compared to the close of 2025, is due to a simultaneous and sustained expansion of all its main structural sources of foreign currency.<\/p>\n\n\n\n
The analysis, signed by economist Elisa Vilorio de Painter, PhD, explains that in the Dominican Republic, this appreciation has been driven by the growth of tourism, remittances, foreign direct investment, and exports, which are, in any market economy, the source of a stronger currency.<\/p>\n\n\n\n
In this new context, the behavior of the Dominican peso should be interpreted as the result of the interaction between global factors and domestic factors of supply and demand for foreign currency.<\/p>\n\n\n\n
However, they explained that recent exchange rate developments cannot be understood without considering the transformation of the international monetary environment.<\/p>\n\n\n\n
Between 2022 and 2024, the US dollar appreciated by nearly 9.8%, driven by the Federal Reserve’s rapid rate-hike cycle. This strengthening was a response to the global search for safe-haven assets, the interest rate differential compared to other economies, and the uncertainty associated with the international inflationary process.<\/p>\n\n\n\n
They cite that starting in 2025, however, this trend began to reverse. Various indicators point to the fact that the depreciation of the dollar is a response to changes in U.S. monetary policy, trade policy, and the increase in the issuance of U.S. debt.<\/p>\n\n\n\n
\u201cThe relationship between trade policy and exchange rates is more complex than some models suggest. In theory, higher trade restrictions could appreciate the currency of the country imposing the tariffs, but recent evidence shows that when affected partners respond with trade retaliation, that effect can be reversed,\u201d<\/p>\n\n\n\n
To that, they add that the increase in uncertainty, the perception of commercial deterioration, and the consequent portfolio adjustments generated, according to the International Monetary Fund (IMF), a real effective depreciation of the dollar of around 4.7% during the 2025-2026 period, which drove appreciations in several currencies.<\/p>\n","protected":false},"excerpt":{"rendered":"
An analysis published by the Central Bank explains that the depreciation of the US dollar against the Dominican peso, which has been approximately 5.28% since April 2025 and 8% compared to the close of 2025, is due to a simultaneous and sustained expansion of all its main structural sources of foreign currency. The analysis, signed […]<\/p>\n","protected":false},"author":5401,"featured_media":519674,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[1],"tags":[],"class_list":["post-519673","post","type-post","status-publish","format-standard","has-post-thumbnail","category-uncategorized"],"acf":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/phj1q1-2bbP","jetpack_featured_media_url":"https:\/\/deultimominuto.com\/en\/wp-content\/uploads\/sites\/2\/2026\/08\/images-5-2.jpg","dum_api":{"author_name":"Mart\u00edn Adames","author_image":"https:\/\/deultimominuto.com\/wp-content\/uploads\/2025\/02\/cropped-WhatsApp-Image-2025-02-11-at-11.04.20-AM-96x96.jpeg","categories_name":["Uncategorized"],"featured_media_url":"https:\/\/cdn.deultimominuto.com\/en\/wp-content\/uploads\/sites\/2\/2026\/08\/images-5-2.jpg"},"_links":{"self":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts\/519673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/users\/5401"}],"replies":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/comments?post=519673"}],"version-history":[{"count":0,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts\/519673\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/media\/519674"}],"wp:attachment":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/media?parent=519673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/categories?post=519673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/tags?post=519673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}