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Central Bank announces controls to identify source of U S dollars

QCOSTARICA Costa Rica exporters, producers, businessmen, and representatives of the tourism sector are just some of those who have raised their voices due to the fall in the dollar exchange rate. Central bank intervention has been requested on multiple occasions, but what is the reason for this behavior in the currency? The Banco Central…

Has drug trafficking penetrated the dollar exchange system?

QCOSTARICA The possibility that drug trafficking has penetrated Costa Rica's dollar exchange system cannot be completely ruled out. The alert comes after the Banco Central de Costa Rica (Central Bank) reported strong growth in the currencies of the account called “others”, which registered movements of US$5.75 billion in 2023, which meant an increase of…

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