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Economy, Currency and Banking

pesos equal, Banco, Reservas, unit of currency, Central Bank

The unit of currency in the Dominican Republic is the peso (16.42 pesos equal U.S.$1; 2000 average). The republic has several commercial banks; one, the Banco de Reservas, is government controlled. The Central Bank of the Dominican Republic is the sole bank of issue.



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pesos equal, Banco, Reservas, unit of currency, Central Bank, commercial banks, Dominican Republic, average, government

 
 

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