The following press release was published by the Board of Governors of the Federal Reserve System on June 26. It is reproduced in full below.

The Federal Reserve Board on Monday announced its approval of the application by Banco de Reservas de la República Dominicana, Santo Domingo, Dominican Republic, to establish representative offices in New York, New York, and Miami, Florida.

Attached is the Board's order relating to this action.

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Source: Board of Governors of the Federal Reserve System