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9 unusual facts about Dominican peso

Banco Intercontinental

Báez Figueroa was arrested on May 15, 2003 along with BANINTER vice presidents Marcos Báez Cocco and Vivian Lubrano de Castillo, the secretary of the Board of Directors, Jesús M. Troncoso, and wealthy financier Luis Alvarez Renta, on charges of bank fraud, money laundering and concealing information from the government as part of a massive fraud scheme of more than RD$ 55 billion (USD $2.23 billion).

Bolsa de Valores de la República Dominicana

From 1991 to 2001, transactions for a total of RD 62, 885.6 million have been executed at the BVRD.

Islam in the Dominican Republic

They made an agreement with the owner to purchase the land and the building for an amount of 2.85 million pesos.

Luis Alvarez Renta

The report said that overdrafts and loans totaling RD$3.83 billion were erased at the start of this year in favor of the company Bankinvest, S.A., presided and managed by Luis Alvarez Renta.

Marino Vinicio Castillo

The defunct Baninter's fraud cost the Dominican taxpayers more than RD$70 billion.

Mauricio Báez Bridge

The cost of the bridge was around RD$1 billion, and paid for by the SEOPC (Secretary of State for Public Works and Communications) after the approval of President Leonel Fernández.

Mirabal sisters

The Mirabal sisters are also commemorated on the 200 Dominican pesos bill.

Ramón Báez Figueroa

Báez Figueroa was arrested May 15, 2003 along with BANINTER vice presidents Marcos Báez Cocco and Vivian Lubrano de Castillo, the secretary of the Board of Directors, Jesús M. Troncoso, and financer Luis Alvarez Renta, on charges of bank fraud, money laundering and concealing information from the government as part of a massive fraud scheme of more than RD$ 55 billion (USD $2.2 billion).

Santo Domingo real

For later currencies of the Dominican Republic, see Dominican peso