|
Banco Central De La República Dominicana
The Central Bank of the Dominican Republic (, BCRD) was established by the Monetary and Banking Law of 1947 as the central bank of the Dominican Republic, responsible for regulating the country's monetary and banking system. The Bank's headquarters is in Santo Domingo, and its current governor is Héctor Valdez Albizu. Establishment and objectives Organic Law no. 6142 of December 29, 1962, authorized the central bank to promote and maintain favorable monetary, Foreign exchange market, foreign exchange and Credit (finance), credit conditions for the stability and development of the national economy. The central bank's functions include regulating market liquidity levels by: determining deposit reserve requirements for banks; implementing lending limits when necessary; and issuing negotiable securities. Additional functions include controlling movements of the exchange rate and introducing resolutions pertaining to the financial system. Activities and structure The BCRD implements ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Santo Domingo
Santo Domingo, formerly known as Santo Domingo de Guzmán, is the capital and largest city of the Dominican Republic and the List of metropolitan areas in the Caribbean, largest metropolitan area in the Caribbean by population. the Distrito Nacional, city center had a population of 1,029,110 while its Metropolitan area, the Greater Santo Domingo, had a population of 4,274,651. The city is coterminous with the boundaries of the Distrito Nacional (D.N.), itself bordered on three sides by Santo Domingo Province. Santo Domingo was founded in 1496 by the Spanish Empire and is the oldest continuously inhabited European colonization of the Americas, European settlement in the Americas. It was the first seat of Spanish colonial rule in the New World, the Captaincy General of Santo Domingo. Santo Domingo is the site of the first university, cathedral, castle, monastery, and fortress in the New World. The city's Ciudad Colonial (Santo Domingo), Colonial Zone was declared as a World Herit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
