The Central Bank of Dominican Republic left its benchmark interest rate unchanged at 3.5 percent during its August meeting.
Interest Rate in Dominican Republic averaged 7.13 percent from 2004 until 2020, reaching an all time high of 50 percent in February of 2004 and a record low of 1 percent in January of 2004. 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 - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Central Bank of Dominican Republic
Interest Rate in Dominican Republic is expected to be 3.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Dominican Republic to stand at 3.25 in 12 months time. In the long-term, the Dominican Republic Interest Rate is projected to trend around 3.75 percent in 2021 and 4.00 percent in 2022, according to our econometric models.