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
Pedernales, Dominican Republic in the south extreme between Haiti and Dominican Republic. Its location over a number of rain shadows through the highlands of Hispaniola from the northeasterly trade winds gives Pedernales a semi-arid climate (Köppen "BSh"). Rainfall is highest in September and October when tropical cyclones may strike the whole island, and temperatures are generally warmer during the day than in much of the tropics. Pedernales, Dominican Republic The Dominican city of Pedernales is the capital of the Pedernales Province, in the Dominican Republic. It is located in the southwest of the country, on the border, and has a crossing to the