No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveSavings Accounts In Dollars Increase

Savings Accounts In Dollars Increase

AN increasing number of CostaRicans are choosing to put their savings inU.S. dollar bank accounts.In May, the total in savings accountsand term deposits was $3.5 billion – a26% increase compared to March. Duringthose two months, the amount of dollarsdeposited into the country’s accountsequaled $732 million, reported the dailyLa Nación.The increased demand for dollaraccounts was, in part, caused by the sharpdrops reported by the country’s dollarinvestment funds (TT, May 14).

Popular Articles

5,000-Year-Old Woman’s Remains Discovered in Peru’s Ancient Caral Civilization

Archaeologists announced Thursday the discovery of the remains of a woman who lived approximately 5,000 years ago and is believed to have belonged to...

Poás Volcano Eruptions Deliver Economic Blow to Costa Rican Tourism

The recent eruptions of Poás Volcano in Costa Rica have significantly disrupted tourism in nearby communities, including Poás, Poasito, Fraijanes, Vara Blanca, and Los...

Costa Rica Faces UN Lawsuit Over Rights of Deported Migrant Children

Costa Rica faces a lawsuit before the United Nations Committee on the Rights of the Child, accused of violating the rights of 81 migrant...
Avatar
spot_img
Costa Rica Tours
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait

Latest Articles