The tobacco sector continues to be a major agricultural and economic driver for the Dominican Republic, generating up to $960.4 million in foreign exchange between January and July due largely to the sale of high-quality artisanal cigars.
Simultaneously, international financial markets saw the euro decline following the release of higher-than-expected US inflation data, while market expectations persist that the US Federal Reserve will maintain current interest rates in September.
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Diario Libre (Santo Domingo, Dominican Republic) (DO)Economic impact and foreign exchange generation of Dominican tobacco
Infobae (Buenos Aires, Argentina) (AR)Currency fluctuations and US inflation data impact on the euro