Costa Rica currency swings
The last few weeks we have seen a downward trend on the price of the US Dollar while the Central Bank stopped selling currency to protect the upper band.
Since July 08, there was an upward trend, with the dollar pegged for the most part to the upper band of the exchange rate with a daily devaluation of 0.20 colones.
Most people agree the trend may continue for the remainder of this year and may change with the growth on the economy expected next year.
Categories: Currency
