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Central Bank Of Dominican Republic Holds Rate At 6.75%
Posted on March 05, 2012 at 13:37 PM EST
The Central Bank of the Dominican Republic kept its Monetary Policy (Overnight) Rate unchanged at 6.75%, and held the Lombard Rate at 9.00%. The Bank said: “Domestically, economic activity and internal  demand are moving as predicted by the latest Monetary Policy Report. Credit to the private sector is expanding at a rate similar to that corresponding to [...]

The Central Bank of the Dominican Republic kept its Monetary Policy (Overnight) Rate unchanged at 6.75%, and held the Lombard Rate at 9.00%. The Bank said: “Domestically, economic activity and internal  demand are moving as predicted by the latest Monetary Policy Report. Credit to the private sector is expanding at a rate similar to that corresponding to year-end 2011, while inflation expectations remain close to the 2012 target.”

The Bank also held rates unchanged at its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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