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Consumer optimism remains low in Costa Rica
Business
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Business
3095 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…

Most Mexico policymakers warn against raising rates before US
Business
1661 views
Business
1661 views

Most Mexico policymakers warn against raising rates before US

Eric Martin and Brendan Case | Bloomberg - May 14, 2015

MEXICO CITY — Mexican policymakers were unanimous in their decision to keep the key interest rate unchanged at a record low last month, with the majority warning…

Costa Rica moves to free-floating currency
Money Money Money
3306 views
Money Money Money
3306 views

Costa Rica moves to free-floating currency

The Tico Times - January 31, 2015

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…

Holiday brings jump in dollar exchange rate at Costa Rica banks
Business
1728 views
Business
1728 views

Holiday brings jump in dollar exchange rate at Costa Rica banks

L. Arias - December 24, 2014

After a long period of stability the U.S. dollar exchange rate this week showed an upward trend at both public and private banks in the country. Last week, the…

Recent exchange rate stability offers relief to businesses
Business
1871 views
Business
1871 views

Recent exchange rate stability offers relief to businesses

The Tico Times - September 1, 2014

After the colón got off to a rocky start in 2014, the Costa Rican currency has entered a period of relative stability. The Central Bank’s (BCCR) efforts to quell…

Central Bank president warns political campaigns to stay away from the exchange rate
Business
1672 views
Business
1672 views

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

The Tico Times - March 4, 2014

The president of Costa Rica's Central Bank warned Johnny Araya’s economic team Tuesday after the National Liberation Party (PLN) blamed the rival Citizen Action Party's (PAC) possible…