No changes in the monetary policy rate in February 2024

DOMINICAN REPUBLIC - In Brief 01 Feb 2024 by Magdalena Lizardo
Yesterday, the Central Bank of the Dominican Republic decided to maintain in the month of February 2024 the same level of the monetary policy rate in force since last December 2023, equivalent to 7% annually. Also, the interest rate on the permanent liquidity facility and the rate on paid deposits (Overnight) remain unchanged, at 7.50% annually and 5.50% annually respectively. The decision was made in an environment in which the US Federal Funds rate also remains unchanged.

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