Economy / Dominican Republic
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DOP: Potential For Mild Upside
October 2007 | Currency ForecastSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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With the peso slowly settling down towards a plateau at DOP33.50/US$, currency stability should remain the order of the day in the Dominican Republic. Modest depreciation has been unsurprising, given the downward pressure imposed by record oil prices and a bout of global market volatility. Despite these dynamics, however, the DOP has performed admirably.