Dollar Tanks, Drops ¢19 This Week

Are We Being Played? The average price of the dollar in the wholesale market...

BCR Goes “Beep” With The First “Wearable” Banking in Costa Rica

The Banco de Costa Rica (BCR) is the first bank in Costa Rica to...

Dollar Crosses ¢600 Barrier

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

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...

Tolls Up Today On The Ruta 27. Add ¢10 to ¢90 Colones.

Starting today, October 1, the tolls on the Ruta 27 (San Jose - Caldera)...

Learn to check your cash and avoid scams

The Banco de Costa Rica (BCR) is recommending its clients and the general public...

Barclays tells investors to exchange their Costa Rican bonds for Salvadorans

Barclays international bank told its investors on Thursday through a report that it would...

U.S. Dollar Exchange Pushes Past ¢590

The U.S. dollar exchange continued its upward climb today, the sell posted at ¢590...

Dollar exchange rate on the rise

The uncertainty generated by the deteriorating fiscal situation and the economic slowdown explain the...

Why did the dollar exchange rate rise in recent days?

The national and state banks posted an exchange rate of between ¢580 and ¢585,...

Increase in the Dollar Exchange

After three months of relative stability, the exchange rate of the U.S. currency compared...

Card Payments Of Less Than ¢15,000 Do Not Require Signature or ID

Paying for purchases of ¢15,000 colones or less at Costa Rica retail outlets with...

“I just told you: I do not know when I can pay you!”

I would have preferred not to hear that telephone conversation between a debtor and,...

Costa Rica Credit Card Debt Doubles

The balance of credit card debt doubled in the last eight years, going from...

Costa Rica Continues With Highest Fuel Prices In Central America

Fuel prices in Costa Rica and Central America are up, with Costa Rica having...

Dollar Exchange Rate Expected To Move Starting In August

In a few months, the dollar exchange is expected to move, though experts are...

The Costa Rica Colon Among The 7 Coolest Currencies In The World

All travelers love exchanging money. Whether you do it at the bank before a...

Bad News, Gas Prices Up

  Friday morning gasoline prices went up, ¢19 colones for a liter of regular and...

Merger Of Two Costa Rica State Banks Proposed. Damage or Benefit?

One of the things the new group of legislators that take their curuls (seats)...

Dollar Exchange Takes A Dive This Week

The dollar exchange rate dropped almost ¢4 colones in less than a week, as...

Central Bank To Replace SINPE With IBAN For Interbank Transfers

The Central Bank announced it will end the SINPE (Sistema Nacional de Pagos Electrónicos)...

Good News For Renters, Not So Much For Landlords

  Thanks to a recent law reform, residential rentals in colones cannot rise above the...

Costa Rica Colon / US Dollar Exchange Rate Expectations

It is expected that under current economic conditions, the local currency will depreciate on...

Financial Planner Indicted In U.S. For Illegal “Ponzi” Could Be Forced To Forfeit Costa Rican Luxury Home

The founder of VisionQuest, a Raleigh, North Carolina, investment firm, charged with running an...

Opened In Costa Rica First Clothing Store Accepting Bitcoins

On Thursday, December 14, the first clothing store that will accept bitcoins opened in...

Ticos Up To Their Eyeballs In Consumer Debt: UCR Survey

The cost to have the latest smartphone or appliance, for example, are the leading...

Why Income Taxes Are Immoral

Nearly 2,500 years ago, Plato argued that poets, “with their words and phrases” were...

Hacienda (Taxation) Confirms Internet Purchases Of Up To US$500 Are Tax Exempt

The Ministerio de Hacienda (Ministry of Finance) confirmed, through a statement issued today (November...

FAC Expands Online Card-Processing Services

Payments technology company First Atlantic Commerce  (FAC)  has expanded its online card-processing services across...

Why Are Cell Phones So Expensive In Costa Rica?

The price of a smartphone in Costa Rica can be up to double, sometimes...

Aresep Inspections Ensure Quantity And Quality of Gasoline Dispensed

The Autoridad Reguladora de los Servicios Públicos (ARESEP) - Regulatory Authority of Public Services...

Costa Rica Slow Down in Dollar Loans

As of September of this year, the bank loan portfolio granted to the private...

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