The currency used in the Dominican Republic is the Dominican peso (DOP). The peso is subdivided into 100 centavos and is symbolized as "$" or "RD$" to differentiate it from other currencies that use the dollar sign. The central bank of the Dominican Republic, the Banco Central, is responsible for issuing and regulating the currency. The Dominican peso is often affected by various economic factors, including tourism and remittances, which play significant roles in the country’s economy.