españolDominican Rep. Monetary Policy Rate Drops to 5.75%Tuesday, April 14, 2015 The Central Bank of the Dominican Republic has reduced its policy rate by 50 basis points, going from 6.25% to 5.75%. From a statement issued by the Central Bank of the Dominican Republic: Monetary Policy Rate Raised to 5.5%Wednesday, July 25, 2018 The Central Bank of the Dominican Republic has increased its monetary policy rate by 25 basis points, changing it from 5.25% to 5.50%. The decision made by the Central Bank was made after an exhaustive analysis of the risk balance around inflation projections, the main national macroeconomic indicators, the relevant international environment, market expectations and medium-term forecasts. During the first six months of the year, cumulative inflation was 1.43%, therefore year-on-year inflation from June 2017 to June 2018 was 4.63%, above the midpoint of the target range of 4.0% ± 1.0% established in the Monetary Program. The Footwear Industry in NicaraguaThursday, April 19, 2012 The company Footwear Distributors and Retailers of America sees great potential in Nicaragua for increasing their footwear exports to the U.S. market. In its annual prognostic report on the footwear industry, entitled ‘2012 Annual Footwear Sourcing Forecast’, Footwear Distributors and the Retailers Association of America (FDRA), said that Nicaragua is a "rising star" that has great potential to increase shoe exports to the U.S. |
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