The tumble of 5 percent in Costa Rica's exchange rate in a single day has caused some observers to question the model of maintaining an exchange rate range, says Melizandro Quirós in a column in the web site Nacion.com.
Under this system, the external shocks are absorbed by the exchange rate, says Quirós.
Caribbean-Central American Action (CCAA) is a private, independent organization that promotes private sector-led economic development in the Caribbean Basin and throughout the Hemisphere.
Operates in Panama, Nicaragua, Honduras, Guatemala, El Salvador, Costa Rica and Caribbean Community
Phone: (202) 331-9467
Guatemala, 04 March, 2010 .- intelitec, an advisory services company in network security and systems, announces the opening of operations in Guatemala as McAfee Elite Partner, strengthening its position in Central America.