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
Prostitution in the Dominican Republic women are paid a premium because of their lighter skin. The United States Department of State Office to Monitor and Combat Trafficking in Persons ranks the Dominican Republic as a 'Tier 2' country. Prostitution in the Dominican Republic Prostitution in the Dominican Republic is legal, but related activities such as brothel-keeping or pimping are illegal. However, prostitution laws are generally not enforced. It is estimated between 60,000 and 100,000 women work as prostitutes in the country, many from neighbouring Haiti. The Dominican Republic has gained a reputation of being a major destination for international sex tourism, although the activity is