Concern over Dollar Price DeclineIn Costa Rica, exporters and businessmen of the tourism sector are concerned about the decreasing trend that in recent months has reported the exchange rate, which on July 18 was quoted at ¢575.7 per dollar.Thursday, July 18, 2019
Official figures report that between early February and mid-July of this year, there has been a fall of up to 38 colones per dollar, as the average rate in the Monex wholesale market fell from ¢613.87 to ¢575.69. Source: elobservadorcr.com Do you need to keep track of the key economic indicators in Central America?Request more information about our Regional Economic Monitor. Need assistance? Contact us
(506) 4001-6423
Strong Dollar Income to Press Exchange RateJuly 2019 In Costa Rica, it is expected that the downward trend that has been showing the exchange rate since February will intensify in the coming months, when the $3.580 million begins to enter as a result of the issuance of Eurobonds and loans granted by external entities. Guatemala: Quetzal Continues to Appreciate Against DollarJanuary 2015 In order to moderate the decline in the dollar the Bank of Guatemala has made two interventions so far in 2015. Dollar in Costa Rica: Wholesale Market Participants ExcludedJune 2014 In an attempt to limit exchange rate volatility, the Central Bank has determined that non-bank public companies can no longer trade currencies in the Monex wholesale market. Price of Dollar Goes Down in Costa RicaJune 2014 A reduced demand for dollars by the nonfinancial public sector could be the reason behind the reduction of 7.5 colones in the price of the US dollar this week.
×
|
![]()
|