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
Sport in the Dominican Republic Sport in the Dominican Republic Sports are a central part of the culture of the Dominican Republic, and have been practiced in the whole territory since the native inhabitants were living in the island. Sports play a key role in the culture and makeup of Dominican Republic society. Baseball is the most popular sport on the island and Major League Baseball has been recruiting players from the Dominican Republic since the 1960s. Association football is the second sport of the country. Baseball is the most popular sport in the Dominican Republic today. After the United States, the Dominican Republic has