Dominican Republic Interest Rate  2004-2018 | Data | Chart | Calendar

The central bank of Dominican Republic left its benchmark interest rate steady at 5.5 percent at its September 2018 meeting, amid strong growth and low inflation. Policymakers noted that annual inflation eased to 3.87 percent in August 2018 from 4.43 percent in July, below the target range (4.0 percent ± 1.0 percent) and forecasts indicate that it would remain within the target range during the two-year monetary policy horizon. The bank also added that Dominican economy continues to evolve well, with economic activity expected to grow within the range of 6.0%-6.5% in 2018, while inflation would be around the lower limit of the target at the end of the year. For 2019, economic growth is projected to converge to its potential and inflation will approach the center of the target. Interest Rate in Dominican Republic averaged 7.43 percent from 2004 until 2018, reaching an all time high of 50 percent in February of 2004 and a record low of 1 percent in January of 2004.

Dominican Republic Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-07-31 10:00 PM Interest Rate Decision 5.50% 5.25% 5.25%
2018-09-03 05:45 PM Interest Rate Decision 5.50% 5.50% 5.50%
2018-10-02 02:30 PM Interest Rate Decision 5.50% 5.50% 5.50%
2018-10-31 09:00 PM Interest Rate Decision 5.50% 5.50%
2018-11-30 09:30 PM Interest Rate Decision 5.50%
2018-12-28 08:00 PM Interest Rate Decision 5.50%


Dominican Republic Money Last Previous Highest Lowest Unit
Interest Rate 5.50 5.50 50.00 1.00 percent [+]
Deposit Interest Rate 7.20 6.60 21.12 4.86 percent [+]
Money Supply M0 98244.10 97540.50 102415.30 7390.30 USD Million [+]
Money Supply M1 339358.40 341442.80 345625.60 18120.40 USD Million [+]
Money Supply M2 1018566.10 1021721.30 1037136.10 43544.50 USD Million [+]
Money Supply M3 1341962.30 1345414.80 1355644.50 45304.40 USD Million [+]
Foreign Exchange Reserves 7434.80 7391.70 8050.30 165.20 USD Million [+]


Dominican Republic Interest Rate

In the Dominican Republic, interest rate decisions are taken by the Central Bank of Dominican Republic. The official interest rate is the Overnight Interest Rate. This page provides the latest reported value for - Dominican Republic Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Dominican Republic Interest Rate - actual data, historical chart and calendar of releases - was last updated on October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.50 5.50 50.00 1.00 2004 - 2018 percent Daily




interest rate by Country
Country Last
Argentina 72.54 Oct/18
Turkey 24.00 Sep/18
Mexico 7.75 Oct/18
Russia 7.50 Sep/18
Brazil 6.50 Sep/18
India 6.50 Oct/18
South Africa 6.50 Sep/18
Indonesia 5.75 Sep/18
China 4.35 Sep/18
Saudi Arabia 2.75 Sep/18
United States 2.25 Sep/18
Australia 1.50 Oct/18
Canada 1.50 Sep/18
South Korea 1.50 Oct/18
Singapore 1.11 Sep/18
United Kingdom 0.75 Sep/18
Euro Area 0.00 Sep/18
France 0.00 Sep/18
Germany 0.00 Sep/18
Italy 0.00 Sep/18
Netherlands 0.00 Sep/18
Spain 0.00 Sep/18
Japan -0.10 Sep/18
Switzerland -0.75 Sep/18


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