Economy
Markets mixed and oil gains as the world awaits the US CPI report
European and Asian shares traded mixed on Wednesday as investors awaited US July inflation data. Oil rose about 1% on doubts over Gulf crude flows.
Economy
US inflation likely moderated in July, forecasts show
Economists expect the US CPI to have risen 0.1% in July and 3.4% year over year. The report, due Wednesday, will weigh on the Federal Reserve's next rate decision.
Economy
Gold breaks another record: the ounce tops US$4,400 and won't stop
Gold hit all-time highs above US$4,432 an ounce on August 12, 2026, driven by geopolitics, cooling inflation and central bank demand. Why it's rising and what it means for you.
Economy
US dollar today, August 12: official rate holds steady at RD$58.19
The Central Bank set the dollar reference rate at RD$58.19 for buying and RD$58.54 for selling. The Dominican foreign exchange market remains stable amid strong currency inflows.
Economy
Central Bank: DR to receive a record $50.2 billion in foreign exchange this year
BCRD Governor Héctor Valdez Albizu projects the country's foreign currency inflows will exceed $50.2 billion in 2026, driven by tourism, remittances, exports and foreign investment.
Economy
Remittances to the DR heading to a record $12.2 billion despite the US tax
Money sent by Dominicans abroad would grow 3.5% to 4% this year and top $12.2 billion, withstanding the new 1% US tax on cash transfers.
Economy
US inflation cools to 3.4%: what it means for your wallet and the dollar
July CPI cooled to a 3.4% annual rate, in line with expectations, and Wall Street reacted positively. The Fed debates cutting rates in September; this affects the dollar and emerging economies.
Economy
Wall Street holds near record highs as oil swings on Iran tensions
US indexes traded with little change near record highs while oil prices fluctuated over the Gulf blockade and Tehran's demands. Inflation data and the Fed set the pace.
Economy
Oil tops US$84 a barrel amid the Hormuz logjam
WTI crude rises above US$84 and Brent hovers near US$90 as hopes for a US-Iran deal to reopen the Strait of Hormuz fade.
Economy
US crude reserves fall to lows: the sign of a tense market
The US Strategic Petroleum Reserve fell below 300 million barrels, its lowest level since 1983, and commercial inventories are at four-decade lows.
Economy
Back to school will be more expensive: education inflation reaches 6.63%
Private school tuition rises between RD$500 and RD$8,000 and school supplies get pricier: education inflation reached 6.63%, according to BCRD data and August 2026 reports.
Economy
DR international reserves rise to US$15,253 million: 5.5 months of imports
The Dominican Republic’s international reserves closed July at US$15,253 million, 10.8% of GDP covering 5.5 months of imports, above IMF thresholds, according to the Central Bank.
Economy
Record remittances: US$7,316.4 million reached the DR in seven months
The Central Bank reported that remittances reached US$7,316.4 million between January and July 2026, 6.4% more than in 2025. In July alone, US$1,097.1 million entered.
Economy
AES Dominicana places US$500 million in bonds: the largest issue since 2012
AES Dominicana issued US$500 million in international bonds with a seven-year term and 7.75% interest, the largest Dominican corporate placement since 2012.
Economy
US 12.5% tariff: the new pressure on Dominican exports
The entry into force of the 12.5% tariff imposed by the United States pressures exports from the Dominican Republic and Costa Rica. Deloitte recommends reviewing Cafta-DR.
Economy
The State will pay RD$132.9 million in incentives to the Santo Domingo 2026 medalists
The Ministry of Sports will allocate RD$132.9 million to reward Central American Games medalists: RD$300,000 per gold, 150,000 per silver and 100,000 per bronze.
Economy
SpaceX and the largest IPO in history: Musk, first trillionaire
SpaceX IPO raised US$75 billion and made Elon Musk the world’s first trillionaire, setting Wall Street’s agenda this summer.
Economy
Pix, the Brazilian payment system challenging Visa and Mastercard
Pix, created by Brazil central bank, has 176 million users and moves billions of transactions. The US is investigating it and applying tariffs.
Economy
Santiago concentrates RD$4,730.9 million in public investment: one project absorbs 35.5%
Santiago public investment portfolio totals RD$4,730.9 million at the end of July. A single road project concentrates RD$1,677.3 million, 35.5% of the total.
Economy
Sustainability now decides the cost of corporate debt
Sustainability stopped being a talking point: today it influences access to financing, the cost of debt and companies risk assessment.
Economy
Super El Niño: the effects scientists forecast for Latin America
The El Niño phenomenon is forecast "very strong" this year: heat waves, droughts and torrential rains threaten the region, with impact on energy and prices.
Economy
From the slaughterhouse to an empire: the story of the Batista brothers and JBS
Wesley and Joesley Batista built the world largest meat producer, fell in a corruption scandal and returned to the top. The full story.
Economy
Michael Kremer: evidence-based education policies in the DR
The 2019 Economics Nobel visited the country to talk about evidence-based policies, alongside the Ministry of Education.
Economy
Gasoline and diesel rise up to 3 pesos: the subsidy stays in place
The Government adjusts four fuels for the week of August 8-14 and earmarks RD$931.8 million in subsidies amid international volatility.