QCOSTARICA Despite in the last month the dollar exchange rate stopped its fall and, more importantly, began to gain value, this does not mean that the exchange rate is near where it should be to allow business in the export sector, tourism and foreign investment to operate without difficulties and avoid layoffs. With a…
Dollar closes the week on a high! qcostarica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from qcostarica.com Daily Mail and Mail on Sunday newspapers.
Regardless of the fact that inflation is controlled, the Central Bank maintains a restrictive policy qcostarica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from qcostarica.com Daily Mail and Mail on Sunday newspapers.
QCOSTARICA The ongoing issue of deflation in Costa Rica is primarily caused by a cheap dollar and elevated interest rates, explains financial analyst Daniel Suchar. This situation is concerning because it ultimately leads to minimal salary adjustments over time. How is this perceived in the economy? According to Suchar, when a country registers continuous…
QCOSTARICA In the past 18 months, between June 2022 and March 2024, individuals and businesses who earn in dollars experienced a 24% decrease in profits as a result of the colon strengthening against the U.S. dollar. In fact, Costa Rica is a world champion in the appreciation of the local currency against the U.S.…