Costa Rican Coffee Growers Face Ruin as Dollar Drops

Coffee producers in Costa Rica warn that a sharp drop in the dollar’s exchange rate against the colón, now below ₡480, threatens to ruin their operations. The exchange rate, set mainly by supply and demand under the Central Bank’s managed floating system, fell 4.3 percent between January and March, according to data from the Economic […] The post Costa Rican Coffee Growers Face Ruin as Dollar Drops appeared first on The Tico Times | Costa Rica News | Travel | Real Estate.

By Tico Times