US Dollar price up 2 colones in last week
The price of the US dollar has shown a slight increase over the last 7 days, according to Central Bank of Costa Rica data.
The price of the US dollar has remained stable since the Central Bank announced a series of measures. These measures were necessary to curb an abrupt rise.
Experts have called the behavior normal and pointed out that this movement does not compromise the situation of those who have loans in dollars. It was emphasized that the behavior of foreign currency in recent weeks has been relatively stable.
“The exchange market has a growing participation of the Central Bank, ensuring that the movements are not of considerable magnitude, that there is a minimum of volatility and of course that seeks to neutralize or appease attacks or speculative tendencies” said economist Alberto Franco to La Prensa Libre.
Economic specialists do not anticipate large volatilities for the second half of 2017.
You may be interested
Heredia ties Mexico’s Tigres in dramatic Champions matchAFP - February 21, 2018
Costa Rica's Club Sport Herediano made jaws drop when, after reaching the 90th minute down 0-2, it managed to pull…
Central American nations to sign trade deal with South KoreaAFP - February 20, 2018
Five Central American nations are to sign a free trade deal with South Korea on Wednesday after more than two…
Christiana Figueres: ‘Costa Rica is in danger of losing what it’s gained’Elizabeth Lang - February 20, 2018
One of the most prominent Costa Ricans on the international stage released a statement on Costa Rica's ongoing election process.…