The Dominican Republic is the only country in the region, including Central America, that has not registered a devaluation of its currency. On the contrary, it shows a unique solidity at the regional level with a revaluation of the Dominican peso, according to economist Henri Hebrard.
The economic analyst shared an infographic where the currency is positioned at +7.28% against the dollar in the last twelve months.
While the Nicaraguan peso shows a devaluation of -2.13% and Costa Rica dropped -3.40% against the US currency.
In other words, that currency has shown a drop of -RD$4.21 since the beginning of the year and -RD$1.30 this month. It is now trading for purchase at (RD$52.94) and sale at (RD$53.3).
In the case of the Euro, it went from 65.4 pesos to 51.9 pesos per Euro.
This is not a unique phenomenon in the country, but at a global level, that the price of the euro against the dollar has once again fallen below parity and is trading at the lowest seen since 2002 due to concerns about gas supply and the prospects that point to a growing risk of recession in the Euro Zone.
Source:
El Día
