Central Bank of the 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 deposit reserve
People of the Dominican Republic and personal achievements earned him the Juan Pablo Duarte Order of Merit and the Order of Cristóbal Colón. Baseball is by far the most popular sport in the Dominican Republic. After the United States, the Dominican Republic has the second-highest number of Major League Baseball (MLB) players. Some of these players have been regarded among the best in the game. Historically, the Dominican Republic has been linked to MLB since Ozzie Virgil, Sr. became the first Dominican to play in the league. Among the outstanding MLB players born in the Dominican are: Manny Ramirez, David Ortiz, Vladimir Guerrero, Pedro Martínez,