The Central Bank of the Dominican Republic used its international reserves on September 16 to shore up its depreciating currency,
The central bank injected $100 million into the foreign exchange market following the steady decline of the Dominican peso since the start of the year. The central bank said it has a total of $7.7 billion in international reserves remaining.
The currency has fallen 2% over the last eight months, the central bank said in its statement. The depreciation has been lower
