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
Music of the Dominican Republic gained wide acceptance, not only in the Dominican Republic, but worldwide. One of the most popular bands making bachata music was the former band Aventura, which split in 2011. Dominican rock is also popular among younger and older crowds of the Dominican Republic. Dominican rock is influenced by British and American rock, but also has its own sense of unique style. The rock scene in the Dominican Republic has been very vibrant in recent years, spanning many genres of rock such as pop rock, reggae/rock, punk, metal. Dominican rock had started its scene in the early 1980s, when Luis Días