The US dollar was being bought yesterday at RD$0.50 less than the closing rate last Wednesday according to El Caribe. In the afternoon, it was being bought between RD$29.50 and RD$30.50 in different exchange agencies, while commercial banks closed with a minimum rate of RD$29.75 and a maximum rate of RD$30.25. The US currency was being sold at exchange agencies for RD$31.00 and RD$31.80 and at banks for RD$31.25 and RD$31.40. The decrease is expected to continue according to the president of the Association of Exchange Agents, Augusto Peignand. The announcement that the Dominican Petroleum Refinery will not be purchasing its foreign exchange on the market has influenced the decrease in the rate.
Listin Diario reports that the US dollar dropped by RD$1.50 in both purchase and sale rates. On Thursday afternoon the US currency was being sold at RD$30.50 and bought at RD$29.75.
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