Dominican Republic

The Dominican Republic’s central bank held rates at 5.75% for a seventh month, with inflation easing to 3.56% and growth remaining firm, supported by a liquidity injection and robust credit expansion. The DOP 81 bln June liquidity program (DOP 40 bln disbursed) aims to boost private credit as transmission gains traction. Headline inflation eased to 3.56% in June and core to 4.15%, both within the 4% ±1% target. YTD activity grew 2.4%, led by agriculture, mining, manufacturing, and services, with private credit up 8% in July. Inflation is projected to stay on target through 2026.