In 2018, the Central Bank of the Dominican Republic set the monetary policy rate at 5.38 percent, a slight decrease compared to 5.44 percent registered a year earlier. Monetary policy rate, also known as base interest rate or base rate, is a percentage defined by central banks to determine the cost of credit in a given economy. This indicator serves as a guide for other financial institutions to set their own interest rates.
Monetary policy rate in the Dominican Republic from 2010 to 2018
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Economic Commission for Latin America and the Caribbean. (December 24, 2018). Monetary policy rate in the Dominican Republic from 2010 to 2018 [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/1061249/dominican-republic-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean. "Monetary policy rate in the Dominican Republic from 2010 to 2018." Chart. December 24, 2018. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/1061249/dominican-republic-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean. (2018). Monetary policy rate in the Dominican Republic from 2010 to 2018. Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/1061249/dominican-republic-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean. "Monetary Policy Rate in The Dominican Republic from 2010 to 2018." Statista, Statista Inc., 24 Dec 2018, https://www.statista.com/statistics/1061249/dominican-republic-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean, Monetary policy rate in the Dominican Republic from 2010 to 2018 Statista, https://www.statista.com/statistics/1061249/dominican-republic-monetary-policy-rate/ (last visited November 04, 2024)
Monetary policy rate in the Dominican Republic from 2010 to 2018 [Graph], Economic Commission for Latin America and the Caribbean, December 24, 2018. [Online]. Available: https://www.statista.com/statistics/1061249/dominican-republic-monetary-policy-rate/