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Central Bank not exactly sure what s causing the dollar to go up, but assures no need for alarm

QCOSTARICA The dollar exchange rate started the week on the rise, with one of the most significant increases since 2022, when the constant process of devaluation of the dollar began. While the Banco Central de Costa Rica - Central Bank of Costa Rica (BCCR) maintains its rhetorical explanation that the low values recorded by…

Dollar exchange reference rate at it s lowest point in nine years

QCOSTARICA The reference sale of the U.S. Dollar against the Costa Rica Colon dawned this Friday at ¢534.71, this being the lowest point since February 20, 2014, when the currency reached a reference sale of ¢533. A year ago it was ¢637. On Thursday, the dollar exchange also reached its lowest value since 2015…

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