Dominican Republic

BMI View: A resolution to the central bank's quasi-fiscal deficit has been approved by congress and, barring unforeseen setbacks, should be signed into law by the beginning of Q407.... 2007-07-12

BMI View: The Dominican peso sold off to its lowest level in almost three months in early July, closing at DOP32.85/US$ on July 6. We are slightly concerned that the currency has... 2007-07-09

With a general election due as early as next year, the country's third largest political party, the Partido Reformista Social Cristiano (PRSC), could be in danger of imploding. According... 2007-07-09

BMI View: A gradual increase in inflation, on the back of rising petroleum prices, has put upside risks to our year-end forecast of 6.20%.

BMI View: Costa Rica's decision to dissolve its diplomatic ties with Taiwan has heightened speculation that other Central American and Caribbean allies may follow suit. In our view,... 2007-06-22

BMI View: Total reserves excluding gold ticked up to a record high of US$2.4bn in March. The country has come a long way since the financial crisis in 2003, at which point reserves... 2007-06-11

An IMF statement released in May paid tribute to the government and central bank for their 'prudent' fiscal and monetary strategies, the upshot of which has been a resurgence in... 2007-06-07

BMI View: Even allowing for base effects stemming from a financial crisis in 2003, the Dominican economy is fast becoming one of the region's success stories. We have raised our forecasts... 2007-05-17

Headline inflation has slowly but surely started to creep up since the turn of the year, coming in at a seven-month high of 5.54% y-o-y in March. The key driver of inflation was transport... 2007-05-11

The Dominican Republic's political landscape remains extremely stable according to our new short-term political ratings, which gives the country a commendable score of 74.6. Much... 2007-05-11