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
People of the Dominican Republic were restrictions placed upon churches by Trujillo. Letters of protest were sent against the mass arrests of government adversaries. Trujillo began a campaign against the church and planned to arrest priests and bishops who preached against the government. This campaign ended before it was even put into place, with his assassination. Judaism appeared in the Dominican Republic in the late 1930s. During World War II, a group of Jews escaping Nazi Germany fled to the Dominican Republic and founded the city of Sosúa. It has remained the center of the Jewish population since. Dominican cuisine is predominantly made up of