Costa Rican Colón Remains Strong as Central Bank Directors Debate Rate Cut

Costa Rica's colón continues to strengthen against the U.S. dollar, leading two directors of the Central Bank of Costa Rica to advocate for an interest rate cut to ease pressure on exporters and tourism.

26 Apr, 14:07 — 26 Apr, 14:07

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tico-timesMixed3d ago

Costa Rica’s Colón Won’t Weaken — Now Two BCCR Directors Want a Rate Cut

Costa Rica’s colón continues to defy gravity against the U.S. dollar, closing yet another week below the ¢460 mark and tightening the squeeze on tourism operators, exporters and dollar-earning expats that The Tico Times has been tracking for months. The story took a fresh turn over the weekend, when newly published minutes from the Banco […] The post Costa Rica’s Colón Won’t Weaken — Now Two BCCR Directors Want a Rate Cut appeared first on The Tico Times | Costa Rica News | Travel | Real Estate.

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Costa Rican Colón Remains Strong as Central Bank Directors Debate Rate Cut

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Costa Rica’s Colón Won’t Weaken — Now Two BCCR Directors Want a Rate Cut

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