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
Crime in the Dominican Republic Crime in the Dominican Republic Crime in the Dominican Republic is investigated by the Dominican Republic National Police. In 2012, the Dominican Republic had a murder rate of 22.1 per 100,000 population. There were a total of 2,268 murders in the Dominican Republic in 2012. By 2017, the murder rate had significantly declined. There were 1,198 murders in 2017, a rate of 14.9 per 100,000. The Dominican Republic has become a trans-shipment point for Colombian drugs destined to Europe as well as the United States and Canada. Money laundering via the Dominican Republic is favored by Colombian drug cartels for