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Costa Rica to stop minting ₡5 coin

The Central Bank of Costa Rica (BCCR) announced Thursday that it will stop minting five-colón coins (₡5) at the end of this year. 

Costa Rican colón dips against US dollar

The Costa Rican currency, the colón, has been on a slow slide against the the U.S. dollar during the last several months but analysts say it’s unlikely to fall much farther.

Costa Rica moves to free-floating currency

Costa Rica announced that it would remove the country’s nine-year-old currency band system in favor of a floating exchange against the U.S. dollar, according to a statement from the Central Bank Saturday.

Central Bank president warns political campaigns to stay away from the exchange rate

The president of Costa Rica's Central Bank warned Johnny Araya’s economic team Tuesday after the National Liberation Party blamed the rival Citizen Action Party's possible victory at the polls on April 6 for recent volatility in the Costa Rican currency, the colón.

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