Euro today in the Dominican Republic: opening quote on May 14

Euro today in the Dominican Republic: opening quote on May 14

At the opening of the day, the euro is quoted on average at 69.13 Dominican pesoswhich represents an increase of 0.97% compared to the previous closing price of 68.47 Dominican pesos. Source: Dow Jones.

In the last week, the euro recorded an advance of 0.06, although its interannual variation shows a fall of -1.52%.

The euro has shown a positive trend against the Dominican peso in recent days, marking a sustained increase. The current volatility of the exchange rate stands at 11.15%, below the reference volatility of 12.33%, suggesting stability in the foreign exchange market.

The Dominican Republic is preparing for 2026 with an encouraging economic and political outlook, according to a report from the global firm UBS Financial Services. The document highlights a acceleration of real GDP growth towards 4% in that year, driven by lower interest rates and a more favorable international environment. Political stability and pro-market policies are projected to continue supporting the country’s economic dynamism.

By 2026, UBS anticipates that lower interest rates will release domestic demand and stimulate investment, while a more stable external environment will support the recovery of tourism. The report considers that a targeted fiscal stimulus will contribute to strengthening the economic activity throughout the year.

On fiscal matters, the Dominican government has taken an active approach to counteract moderate growth. Congress approved a supplemental budget that raises capital spending by 0.4% of GDP by 2025, widening the global deficit to 3.5% of GDP. By 2026, the Ministry of Finance aims for a global fiscal deficit of 3.2% of GDP and a primary surplus of 0.5%.

Among the most influential factors in the evolution of the exchange rate, the monetary policy decisions of both the Central Bank of the Dominican Republic as of the United States Federal Reservethe internal demand for dollars linked to imports and the behavior of the local economy, as well as the expected global strengthening of the US dollar towards the end of 2026, within a scenario of controlled depreciation.

The Central Bank estimates that the exchange rate will reach approximately $66.35 in September 2026 and close to $69.15 a year later, anticipating a trend of continuous depreciation.

The analysis highlights that the gross public debt would remain stable at around 58% of GDP for the next 12 to 18 months starting November last year, provided there are no unexpected macroeconomic events.

UBS points out that the solid surpluses from exports of services and remittances They will compensate for the deficits in the income and merchandise trade accounts, projecting that the current account deficit will be around 2-2.5% of GDP by the end of 2025 and 2026.

The foreign direct investment net is estimated at around 3.5%–4.0% of GDP, with tourism, trade, industry, energy and real estate as key areas. This investment would be enough to cover the external gap, according to data from the Central Bank of the Dominican Republic cited by UBS Financial Services.

Finally, the report provided by the financial services firm warns of risks related to adverse climate events and governance challenges, common in emerging markets, although it maintains an optimistic view regarding the economic indicators of the country by 2026.