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
Tourism in the Dominican Republic Tourism in the Dominican Republic Tourism in the Dominican Republic is an industry that generates over 6 million arrivals each year. It is an important source of revenue in the country, particularly in coastal areas. The Dominican Republic is the most popular tourist destination in the Caribbean region, and ranks top 5 overall in the Americas. Its tropical climate, white sand beaches, diverse mountainous landscape, and colonial history attracts visitors from around the world. As one of the most geographically diverse nations in the region, the Dominican Republic is home to the Caribbean's tallest mountain peak, Pico Duarte, as well