Official data ·
Dominican Republic's Central Bank holds its monetary policy rate at 5.50 % in October 2026
At its October 2026 meeting, the Central Bank of the Dominican Republic kept its monetary policy rate at 5.50 % a year, the 1-day repo rate at 6.00 % and the overnight deposit rate at 4.75 %. Year-on-year inflation fell from 5.67 % in June to 5.12 % in September, and the bank expects it to return to its 4.0 % ± 1.0 % target range in the fourth quarter.
The Central Bank of the Dominican Republic (BCRD) decided at its October 2026 monetary policy meeting to keep its monetary policy rate (TPM) at 5.50 % a year, according to its statement of October 30. The 1-day repo facility rate stays at 6.00 % and the overnight deposit rate at 4.75 %.
Why it held
The BCRD cited international uncertainty from prolonged armed conflicts, which have kept oil, fuel and other commodity prices high, and forecasts showing domestic inflation continuing to converge toward the 4.0 % ± 1.0 % target range by year-end. Year-on-year inflation fell from 5.67 % in June to 5.12 % in September 2026; core inflation eased from 4.96 % to 4.61 %, within the target range.
Credit, growth and reserves
Private credit in local currency grew around 7.4 % year on year at the end of September. The economy grew 5.6 % in September and 4.6 % in January–September 2026, and the bank projects growth of around 4.5 % for the year. The Dominican peso has appreciated around 4 % so far through October, and international reserves stood at around US$15,200 million at the end of September, about 10.5 % of GDP and some 5 months of imports.
Source: Banco Central de la República Dominicana (document in Spanish).
This is an English summary by Economía con Datos. Read the full article in Spanish.
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