The Central Bank of the Dominican Republic decided to reduce its key interest rate by 50bps to 8 percent during its May 2023 meeting. source: Central Bank of Dominican Republic

Interest Rate in Dominican Republic averaged 6.87 percent from 2004 until 2023, reaching an all time high of 50.00 percent in February of 2004 and a record low of 1.00 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 June of 2023.

Interest Rate in Dominican Republic is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Dominican Republic Interest Rate

Calendar GMT Actual Previous Consensus TEForecast
2020-12-02 08:00 PM 3.0% 3.0% 3.0%
2021-03-31 09:00 PM 3% 3% 3%
2022-01-31 11:30 PM 4.5% 3.5% 5.25%

Related Last Previous Unit Reference
Interest Rate 8.00 8.50 percent May 2023
Money Supply M3 2339765.50 2309817.10 DOP Million May 2023
Money Supply M2 1722685.10 1700248.70 DOP Million May 2023
Money Supply M1 726334.00 728876.00 DOP Million May 2023
Money Supply M0 195195.20 196793.80 DOP Million May 2023
Foreign Exchange Reserves 16163.50 16021.80 USD Million Apr 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
8.00 8.50 50.00 1.00 2004 - 2023 percent Daily