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View Full Version : Peso down, prices up



NewsWhore
01-22-2008, 04:50 PM
Manuel Cabrera, president of the Import Wholesalers' Association (AAI), says that the slight increase in the dollar-peso exchange rate, from RD$32.50 to about RD$34.00 has led to an increase in the price of imported foods and goods. Cabrera told Hoy that the devaluation of the peso always causes uncertainty in the import market. He added, however, that the increases have not been significant enough to have a strong effect on the import market.

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