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Our Lady of Las Mercedes is a significant religious public holiday in the Dominican Republic, observed annually on September 24th. It honors the Virgin Mary, who is considered the patron saint of the Dominican people. As a statutory holiday, government offices, banks, and most businesses are closed across the country. This event typically leads to a halt in local financial market activity and lower trading volumes for Dominican assets.
This is a fixed-date public holiday determined by the religious calendar and national law of the Dominican Republic. It is not a calculated economic indicator but a scheduled non-working day that affects economic output and market operations.
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