Dominican Republic

BMI View: The Dominican peso weakened significantly in October, to DOP33.35/US$ on October 30, compared to DOP32.65/US$ in mid-September. We believe that our 2006 year-end forecast... 2006-11-02

The Dominican Republic participated as a member of the Non-Aligned Movement Summit for the first time in September. President Fernández used the platform to canvass support for a... 2006-10-10

BMI View: Consumer price inflation declined considerably in August to 0.19% m-o-m from 0.90% m-o-m in July. By group, furniture and accessories (down to 0.12% m-o-m from 0.5% m-o-m),... 2006-10-10

Ratings agency Fitch has revised its credit outlook for the Dominican Republic to positive from stable. BMI View: While this highlights the economy's remarkable turnaround from economic... 2006-10-04

The Dominican Republic National Congress officially welcomed in the new legislative and municipal representatives on August 16, following May's parliamentary elections. President... 2006-09-14

BMI View: In July, consumer price inflation rose by 0.90% m-o-m, and by 10.60% y-o-y - the latter marking a 17-month high. We believe that there are two main factors behind the... 2006-09-08

Consumer prices climbed 0.76% m-o-m in June, bringing the annual inflation rate to 10.3% y-o-y. As a result, H106 inflation came in at 3.44% y-o-y. High oil prices continue to pressure... 2006-08-21

According to a recent report by the Economic Commission for Latin America and the Caribbean (ECLAC), the economy of the Dominican will grow by 7.5% y-o-y in 2006. We are slightly... 2006-08-14

The Dominican Republic will not be ready to join the DR-CAFTA treaty in July as originally planned. The free trade agreement between the Dominican Republic, 5 central American countries... 2006-07-14

Interest rates are easing, with the average annual rate having fallen to 22.71% in March, from 32.16% in the same month of 2005, and we think that there is room for further easing... 2006-07-14