The exchange rate of the Costa Rican colón against the dollar increased by ₡10 during the past month, according to official data from the Central Bank...
The Costa Rican currency, the colón, has been on a slow slide against the the U.S. dollar during the last several months but analysts say it’s unlikely to fall much farther.
In the lead up to national elections here and following news that the United States Federal Reserve would raise pull back economic stimulus, the U.S. dollar reached its highest point against the Costa Rican colón, the national currency, since November 2010.
