Dominican Republic Interest RateDominican Republic Interest RateDominican Republic Interest Rate

Dominican Republic Interest Rate

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Key data points


Last release
Observation period
Aug 31, 2025
Next release
Forecast
Highest
50.00% on Apr 30, 2004
Lowest
1.00% on Jan 8, 2004

About Dominican Republic Interest Rate


Category
Money
Frequency
Daily
Units
%
In the Dominican Republic, interest rate decisions are taken by the Central Bank of Dominican Republic. The official interest rate is the Overnight Interest Rate.

Dominican Republic in figures — see more economic indicators tied to DOINTR.

Frequently Asked Questions


Dominican Republic Interest Rate is 5.75% at the moment.
Last month Dominican Republic Interest Rate was 5.75%, and the month before it reached 5.75%.
Interest rate is the proportion of a loan that is charged as interest to the borrower, typically an annual percentage of the loan outstanding. When it comes to the national level, interest rate is a rate at which banks borrow money from a country's central bank.
Yes, negative interest rate can be used by the government as a monetary policy tool to stimulate economy growth.
Growing or falling interest rate can influence the country's economy, stimulate it or lower the inflation level. Even people can feel the effect of interest rate's movements — for example, if interest rate increases, loans get more expensive.