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Dollar exchange rate down following Central Bank’s intervention announcement
Business
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Business
4200 views1

Dollar exchange rate down following Central Bank’s intervention announcement

L. Arias - May 26, 2017

The Central Bank of Costa Rica (BCCR) will intervene in the foreign exchange market in order to curb the sustained hike in the exchange rate of the…

Dollar exchange rate reaches highest price in seven years
Business
5298 views
Business
5298 views

Dollar exchange rate reaches highest price in seven years

L. Arias - May 19, 2017

The exchange rate of the Costa Rican colón against the dollar reached ₡581.90 (to sell) and ₡569.26 (to buy) on Thursday, the highest since January 2010. The…

State of the Nation: President Solís highlights economic growth, urges fiscal reforms
Business
3185 views
Business
3185 views

State of the Nation: President Solís highlights economic growth, urges fiscal reforms

L. Arias - May 4, 2017

President Luis Guillermo Solís said he knows that the change he promised during his campaign has not been exactly what the people expected, but said that “Costa…

Dollar exchange rate maintains slight upward trend this year
Business
2881 views
Business
2881 views

Dollar exchange rate maintains slight upward trend this year

L. Arias - April 4, 2017

The exchange rate of the Costa Rican colón against the dollar increased by ₡6 during the first four months of this year, according to official data from the Central…

Consumer optimism remains low in Costa Rica
Business
2061 views
Business
2061 views

Consumer optimism remains low in Costa Rica

L. Arias - March 2, 2017

Consumer confidence in Costa Rica’s economic outlook showed slight improvement over the past quarter but remains low, researchers from the University of Costa Rica (UCR)’s School of Statistics have found. The…

Will Donald Trump’s victory affect Costa Rica’s economy?
Business
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Business
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Will Donald Trump’s victory affect Costa Rica’s economy?

L. Arias - November 10, 2016

The victory of Donald Trump in the U.S. presidential elections provoked a cautious initial response from Costa Rican government officials regarding possible implications for the country, while…

Costa Rica ranks fifth in gender gap in Latin America
Business
4390 views
Business
4390 views

Costa Rica ranks fifth in gender gap in Latin America

L. Arias - November 1, 2016

The gender gap in Costa Rica persists, but the country moved up six positions in the World Economic Forum’s Global
 Gender Gap Report 2016, disclosed here last week…

Costa Rica records lowest poverty figures in seven years
Business
9342 views1
Business
9342 views1

Costa Rica records lowest poverty figures in seven years

L. Arias - October 27, 2016

An increase in the average income of the population reduced poverty levels by 1.2 percent in Costa Rica. That is one of the main findings of the…

Costa Rica drops two spots in global competitiveness ranking
Business
2053 views
Business
2053 views

Costa Rica drops two spots in global competitiveness ranking

L. Arias - September 29, 2016

Costa Rica ranked 54th out of 138 countries evaluated in the World Economic Forum’s latest Global Competitiveness Report released this week. The country ranked fourth in Latin America this…

Costa Rican colón dips against US dollar
Costa Rica
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Costa Rica
4417 views2

Costa Rican colón dips against US dollar

Zach Dyer - July 20, 2016

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

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