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
Vice President of the Dominican Republic President was eliminated or vacated on several occasions. Since 1966, which is considered the beginning of the 4th Republic, the office of the Vice President of the Dominican Republic has been a permanent post. Also, the Vice President has to be elected along with the President, not appointed by the latter. Vice President of the Dominican Republic The Vice President is the first person in the presidential line of succession, ascending to the Presidency upon the death, resignation, or removal of the President. There have been thirty-nine Vice Presidents of the Dominican Republic. Under the Constitution of the Dominican Republic,