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 change in the calculation methodology is possible since the Central Bank now has online information on all exchange transactions performed each day.
An increase in transactions from businesses that exchange dollar investments into colones to pay taxes drove fluctuations in dollar prices in the past four months.
A majority of consumers surveyed expect increases in interest rates on bank loans, in the dollar exchange rate and in fuel prices during the coming year.
