Consumer optimism remains low in Costa Rica
Business
1635 views
Business
1635 views

Consumer optimism remains low in Costa Rica

L. Arias - March 2, 2017

Consumer confidence in Costa Rica’s economic outlook showed slight improvement over the past quarter but remains low, researchers from the University of Costa Rica (UCR)’s School of Statistics have found. The…

Will Donald Trump’s victory affect Costa Rica’s economy?
Business
1333 views1
Business
1333 views1

Will Donald Trump’s victory affect Costa Rica’s economy?

L. Arias - November 10, 2016

The victory of Donald Trump in the U.S. presidential elections provoked a cautious initial response from Costa Rican government officials regarding possible implications for the country, while…

Costa Rican colón dips against US dollar
Costa Rica
3749 views2
Costa Rica
3749 views2

Costa Rican colón dips against US dollar

Zach Dyer - July 20, 2016

The Costa Rican currency, the colón, has been on a slow slide against the U.S. dollar during the last several months, but analysts say it’s unlikely to…

Venezuela’s currency collapses 30 percent on black market
Bolivarian Revolution
1822 views
Bolivarian Revolution
1822 views

Venezuela’s currency collapses 30 percent on black market

Nathan Crooks | Bloomberg - May 26, 2015

The stunning collapse of Venezuela's bolivar in black market trading this month -- it fell to as low as 423 bolivars per dollar from 279 at the…

Most Mexico policymakers warn against raising rates before US
Business
941 views
Business
941 views

Most Mexico policymakers warn against raising rates before US

Eric Martin and Brendan Case | Bloomberg - May 14, 2015

MEXICO CITY — Mexican policymakers were unanimous in their decision to keep the key interest rate unchanged at a record low last month, with the majority warning…

This is why the euro is collapsing
Business
1168 views3
Business
1168 views3

This is why the euro is collapsing

Matt O'Brien | The Washington Post - March 14, 2015

WASHINGTON, D.C. – For those in the United States, the next summer is looking like the best time to take that European vacation you've been thinking about. That's…

Dollar soars on Venezuela’s new currency exchange
Bolivarian Revolution
1124 views1
Bolivarian Revolution
1124 views1

Dollar soars on Venezuela’s new currency exchange

AFP - February 19, 2015

CARACAS, Venezuela – The Venezuelan bolivar opened Thursday at 172 to the dollar on the first day of a government sponsored exchange meant to compete with the…

Holiday brings jump in dollar exchange rate at Costa Rica banks
Business
932 views
Business
932 views

Holiday brings jump in dollar exchange rate at Costa Rica banks

L. Arias - December 24, 2014

After a long period of stability the U.S. dollar exchange rate this week showed an upward trend at both public and private banks in the country. Last week, the…

Recent exchange rate stability offers relief to businesses
Business
970 views
Business
970 views

Recent exchange rate stability offers relief to businesses

Zach Dyer - September 1, 2014

After the colón got off to a rocky start in 2014, the Costa Rican currency has entered a period of relative stability. The Central Bank’s (BCCR) efforts to quell…

Costa Rica passes bill to curb hot money investments
Business
1048 views
Business
1048 views

Costa Rica passes bill to curb hot money investments

Zach Dyer - March 26, 2014

The Legislative Assembly approved in a second-round vote Monday afternoon a long-delayed capital-control bill that requires foreign investors to deposit 25 percent of their investment with the Central…