LatinNews Daily - 01 August 2025

*The Dominican Republic’s central bank (BCRD) has held its benchmark interest rate at 5.75%, where it has stayed since January. In a statement explaining the decision, the BCRD noted “restrictive international financial conditions and persistent uncertainty at the global level”, although it added that this uncertainty is moderating as the US reaches agreements with some trade partners to avert higher tariffs. At the domestic level, the BCRD noted that inflation has remained within the target range of 4.0% +/-1% for over two years, with the annual rate standing at 3.56% in June. It said that economic activity increased by 2.4% in the first six months of 2025 and that it expects growth of between 3.0% and 3.5% this year.

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