The Banco Central de la República Dominicana was created to modernize the Dominican Republic’s financial system on October 23, 1947, and began operations in 1948. Over the decades, it has evolved into a technically autonomous institution, especially after the enactment of the Monetary and Financial Law No. 183-02 in 2002. This law strengthened its independence and clarified its mandate to maintain price stability. In recent years, the BCRD has adopted an inflation-targeting regime, with a current target of 4.0% ± 1.0%, and has played a key role in stabilizing the economy during global shocks and domestic challenges. As a public institution, the BCRD is fully owned by the Dominican State and operates independently under its constitutional and legal mandate.
Headquarters
Av. Pedro Henriquez Urena esq. Av. Leopoldo Navarro, Santo Domingo de Guzman
Santo Domingo; Distrito Nacional;
Contact Details: Purchase the Central Bank of the Dominican Republic report to view the information.
Website: https://www.bancentral.gov.do/
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