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Analysts expect the Dominican peso at RD$62.10 per dollar at the end of 2026, up from RD$60.06 in September's survey

In the Central Bank of the Dominican Republic's October 2026 Macroeconomic Expectations Survey, the median expected exchange rate for year-end rose to RD$62.10 per US dollar, from RD$60.06 in September. Expected 12-month inflation fell from 4.70 % to 4.50 %, and expected 2026 GDP growth held at 4.50 %.

Headquarters of the Central Bank of the Dominican Republic in Santo Domingo
Headquarters of the Central Bank of the Dominican Republic, Santo Domingo. Photo: Rafael Calventi / Wikimedia Commons, CC BY-SA 3.0 (watermarked by Economía con Datos).

Analysts surveyed by the Central Bank of the Dominican Republic (BCRD) in its October 2026 Macroeconomic Expectations Survey (EEM), published on October 27, expect the exchange rate to close the year at RD$62.10 per US dollar (median of responses), up from RD$60.06 in the September survey. The survey reflects analysts' expectations, not an official Central Bank forecast.

Exchange rate

Analysts anticipate an implied year-on-year depreciation of 4.40 % over 12 months and 3.98 % over 24 months, which would put the median exchange rate at RD$64.50 in October 2027 and RD$67.15 in October 2028; both horizons rose by more than two pesos from the previous survey. The BCRD attributes the revision mainly to the international context, the stance of monetary policy and the performance of foreign-exchange-generating sectors.

Columns showing the median expected exchange rate: RD$60.06 for end-2026 in the September survey, RD$62.10 in October, RD$64.50 for October 2027 and RD$67.15 for October 2028
Median expected exchange rate (RD$ per US$). Source: Macroeconomic Expectations Survey, October 2026, Central Bank of the Dominican Republic.

Inflation, growth and policy rate

Inflation expectations were stable across horizons except at 12 months, where the median fell from 4.70 % to 4.50 %. Expected real GDP growth for 2026 held at 4.50 % for a second month, while 2027 was revised down by one tenth to 4.40 %. Analysts expect the monetary policy rate to stay at 5.50 % through the end of 2026, rise to 5.75 % at the 12-month horizon and fall to 5.25 % at 24 months.

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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