Santo Domingo.- The dollar rate continues downward in the currency market, with a decline of more than 20 points, so buyers pay RD$42.90 and sellers get RD$42.87 per US$1.0.
The decline comes after the Central Bank released US$60 million on Thursday and RD$40 million more on Friday, to ease a nervous exchange market.
In a National Palace press conference Thursday, Central banker Hector Valdez said the millions of dollars injected to the market had lowered the rate of exchange by 15 points.
The dollar’s cost will continue to decline in the coming days, according to banks and moneychangers quoted by local media.
Valdez said the dollar’s price as high as RD$43.10 in recent weeks has been blamed on a decrease in the currency, from “an adverse international environment."