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 The army, twice as large as the other services combined, consists of four infantry brigades and a combat support brigade; the air force operates three flying squadrons; and the navy maintains 30 aging vessels. The Dominican Republic's military is second in size to Cuba's in the Caribbean. The armed forces participate fully in counter-narcotics efforts. They also are active in efforts to control contraband and illegal immigration from Haiti to the Dominican Republic and from the Dominican Republic to the United States and Puerto Rico. See Attorney General of the Republic (Dominican Republic) The Attorney General is appointed by the