Fitch Issues Costa Rica Alert

Fitch Ratings has given Costa Rica 90 days to resolve its public finances before...

Consumers in Costa Rica avoid “impulse” purchases in the face of economic outlook

Consumers in Costa Rica are increasingly attached to a short list of purchases, which...

Wall Street Sours on Costa Rica

(Bloomberg Business) In a part of the world known for guerrillas, drug runners and...

Does the government have the money to pay the Aguinaldo for this 2018?

If you ask me today if I have it, I say no (...). There...

Banks Throttle Back Slightly On The Dollar, As Spiral Upwads Continues

It's been a frantic week, a financial rollercoaster for the dollar exchange. In the...

Hello, Devaluation! Central Bank ‘Got Tired’ Of Spending Reserves To Curb Rise In The Dollar

On Wednesday, October 31, 2018, the dollar exchange moved from one to the next...

Exchange rate pressures would hide end of the year seasonality when the dollar tends to fall

Throughout the year, the dollar exchange market experiences seasonal effects as a result of...

Strong Demand Pushes Up US Dollar Exchange

The strong demand for the US dollar that remains in the foreign exchange market,...

Dollar Exchange Recorded On Monday The Highest Single Day Increase of 2018

The average price of the US dollar in the Monex wholesale market rose on...

Dollar Crosses ¢600 Barrier

The dollar exchange  continued its rise this Friday, October 26, reaching above the ¢600...

Banco Nacional and BCR lower rates and facilitate moving loans from dollars to colones

State banks, the Banco Nacional (BN) and Banco de Costa Rica (BCR), in a...

Central Bank has used $1.1 billion of reserves to avoid abrupt increases in the price of the dollar

The Banco Central de Costa Rica (BCCR) - Central Bank of Costa - reported...

Dollar Could Hit ¢700 By The End of the Year

The dollar exchange rate could close 2018 and start 2019 in a range between ...

RECOPE Requests Increase In The Price of Fuel

The Refinadora Costarricense de Petróleo (RECOPE) requested on Friday an increase in the price...

Price of the dollar continues to rise, already hits ¢600 at banks

The price of the dollar exchange continues to rise and the sale value at...

Pessimism reigns among businessmen

Pessimism reigns among entrepreneurs, in terms of how the Costa Rica economy could close...

Central Bank intervenes with US$41 million to soften the rise in dollar exchange

The government is scraping the barrel to finance public spending, while the market reacts...

Government resorts to “pawning grandma’s jewelry” to pay debts

The Government resorted to "pawning grandma's jewels" to be able to face the debts...

Costa Rica to Import 25,000 Tons Of Duty-Free Beans

The government is preparing a decree of a shortage in order to authorize the...

Costa Rica Exports Up 6% as of June 2018

In the first semester, sales of goods abroad totaled US$5.718 billion, registering an increase...

Strong Rebound in Construction Boosts Costa Rica’s economy

A strong recovery in construction modified the growth trend that the Costa Rican economy...

Cost Ricaa Autoparts US$200 Million Market

In 2017 imports of vehicle parts in Costa Rica totaled close to US$200 million,...

Costa Rica Banana Exports Fall 9%

Due to the effect of climatic phenomena at the beginning of the year, in...

Costa Rica Year-on-Year Inflation up to June 2018 is 2%

In June, the CPI registered a monthly variation of 0.18%, mainly explained by prices...

Costa Rica to Issue US$4 billion in Foreign Markets

To avoid further pressure on local interest rates, the Ministry of Finance will be...

IMF Mission: Fiscal Measures in Costa Rica Are Insufficient, But Necessary

The International Monetary Fund (IMF), during a visit to Costa Rica from June 12...

Costa Rica Year-on-Year Inflation up to May 2018 is 2%

In May, the Consumer Price Index (CPI) registered a negative monthly variation of 0.11%,...

“Tramitomania” Costs The Country Jobs And Uncollected Taxes

The time spent on construction permits each year costs the country 5,284 homes and...

Costa Rica Exported More Than US$3.3 Billion In Technology

Costa Rica exports in technology, information and communication (ICT) are valued at US$3.3 billion,...

Costa Rica Readies To Attract More Cruises

Costa Rica set a goal of attracting more cruise ships to its ports, not...

Costa Rica Unemployment Rises to 10.3%

The unemployed population with respect to the labor force increased 1.2%, going from 9.1%...

Costa Rica Credit Card Debt Up 14%

The number of cards in circulation grew by 13% between January 2017 and the...

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