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
Flag of the Dominican Republic of the shield, flanked by three spears (two of them holding Dominican banners) on each side, is a Bible with a small cross above it and said to be opened to the Gospel of John, chapter 8, verse 32, which reads "Y la verdad os hará libres" (And the truth shall make you free). The flag of the Dominican Republic is similar to the flag of Perm Krai, a federal subject of Russia Flag of the Dominican Republic The flag of the Dominican Republic represents the Dominican Republic and, together with the coat of arms and the national anthem, has