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
Politics of the Dominican Republic is also the current minister of the department of the interior, is Miguel Vargas Maldonado. The general secretary of the party is Tony Peña Guaba. The Dominican Revolutionary party colors are light blue and white. The Dominican Liberation Party is the current governing party of the Dominican Republic. The PLD was founded by former president Juan Bosch in December 15, 1973. The following year, the party participated in the national elections for the first time. The party had its first national victory in 1996, with Leonel Fernandez becoming the party’s first elected president and the 50th president of Dominican Republic