Dominican Republic

We are revising up our 2012 foreign reserves forecast for the Dominican Republic from US$3.8bn to US$4.0bn on the back of greater tourism-related revenues and an increase in remittances.... 2012-05-07

BMI View: The Dominican Republic's tourism and mining sectors will support strong economic growth rates over the coming years. Despite this positive outlook, the country still suffers... 2012-04-25

We caution that the commitment made by Dominican Republic's Minister of the Presidency César Piña Toribio to maintain fiscal discipline through the end of 2012 could be derailed by... 2012-03-22

BMI VIEW: Due to higher than anticipated remittances and tourism figures in 2011, Dominican Republic's foreign currency reserves came in higher than we had expected at US$3.6bn. Tourist... 2012-03-22

The Dominican Republic's international foreign currency reserves excluding gold decreased by 13.1% y-o-y in February to US$2.98bn from US$3.05bn in January. We forecast foreign currency... 2012-03-02

An end to IMF-led fiscal austerity, the improved outlook for the US economy and substantial investment in the Dominican Republic's extractive sector underpin our 2012 headline growth... 2012-03-02

End-2011 inflation came in at 7.8%, slightly above our own forecast of 7.7% and in line with our view that inflation had peaked in August 2011 at 10.2% y-o-y. We believe that the sharp... 2012-03-01