Central Bank keeps the monetary policy interest rate unchanged in July

DOMINICAN REPUBLIC - In Brief 01 Jul 2026 by Magdalena Lizardo

The Central Bank decided to keep its monetary policy interest rate unchanged at 5.25% per year in July, a level that has remained in place since November 2025. Likewise, the rate on the Standing Liquidity Expansion Facility (one-day repo) remains at 5.75% per year, while the remuneration rate on overnight deposits continues at 4.50% per year. The decision comes against a backdrop in which, although pressures on oil prices have eased due to ongoing agreements in the Middle East, interannual inflation stood at 5.35% in May, above the Central Bank's target range. At the same time, economic activity posted 4.2% year-over-year growth during the January–May period. Taken together, these indicators suggest that the Central Bank will maintain a cautious monetary policy stance while assessing the evolution of inflation and economic activity over the coming months.

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