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Dollar exchange rate down following Central Bank’s intervention announcement
Business
6033 views
Business
6033 views

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
7088 views
Business
7088 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…

Dollar exchange rate maintains slight upward trend this year
Business
4148 views
Business
4148 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
3390 views
Business
3390 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
3023 views
Business
3023 views

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 Rican colón dips against US dollar
Costa Rica
6012 views
Costa Rica
6012 views

Costa Rican colón dips against US dollar

The Tico Times - 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…

Venezuela’s currency collapses 30 percent on black market
Bolivarian Revolution
3232 views
Bolivarian Revolution
3232 views

Venezuela’s currency collapses 30 percent on black market

Nathan Crooks | Bloomberg - May 26, 2015

The stunning collapse of Venezuela's bolivar in black market trading this month -- it fell to as low as 423 bolivars per dollar from 279 at the…

Most Mexico policymakers warn against raising rates before US
Business
1856 views
Business
1856 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…

This is why the euro is collapsing
Business
2124 views
Business
2124 views

This is why the euro is collapsing

Matt O'Brien | The Washington Post - March 14, 2015

WASHINGTON, D.C. – For those in the United States, the next summer is looking like the best time to take that European vacation you've been thinking about. That's…

Dollar soars on Venezuela’s new currency exchange
Bolivarian Revolution
2299 views
Bolivarian Revolution
2299 views

Dollar soars on Venezuela’s new currency exchange

AFP - February 19, 2015

CARACAS, Venezuela – The Venezuelan bolivar opened Thursday at 172 to the dollar on the first day of a government sponsored exchange meant to compete with the…