Central Bank of the Dominican Republic Dominican Republic Central Bank of the Dominican Republic The Central Bank of the Dominican Republic (, BCRD) was established by the Monetary and Banking Law of 1947 as the central bank of the Dominican Republic, responsible for regulating the country's monetary and banking system.The Banks headquarter is in Santo Domingo and current governor is Héctor Valdez Albizu. Organic Law no. 6142 of December 29, 1962, authorized the central bank to promote and maintain favorable monetary, foreign exchange and credit conditions for the stability and development of the national economy. The central bank's functions include regulating market liquidity levels by: determining
National Anthem of the Dominican Republic National Anthem of the Dominican Republic The Dominican National Anthem is the national anthem of the Dominican Republic. Its music was composed by José Rufino Reyes Siancas (1835–1905), and its lyrics were authored by Emilio Prud’Homme (1856–1932). The first public performance of the national anthem took place on 17 August 1883. Though the music was an instant success, several objections were made to the lyrics for having various historical inaccuracies. In 1897, Prud’Homme submitted revised lyrics which stand to this day. On 7 June 1897, the Congress of the Dominican Republic passed an act adopting "Himno Nacional" with the original