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Dominican Peso Sees Subtle Decline Against the Dollar Amidst Economic Projections

Dominican Peso Sees Subtle Decline Against the Dollar Amidst Economic Projections

The USDDOP recorded a decrease of 0.1154 or 0.19% on Thursday, Stember 26, settling at 60.1474, down from 60.2628 in the prior trading session. This decline comes as the currency approaches its historical peak, with the USDDOP having reached an all-time high of 60.40 in Stember 2024.

Looking ahead, analysts predict that the Dominican Peso is likely to stabilize around 59.91 by the end of this quarter. Furthermore, projections indicate it may trade at approximately 60.37 in the next twelve months, based on comprehensive global macroeconomic models.