Banco Central Proposes Change in Method for Calculating Exchange Rate

Q COSTA RICA - Costa Rica's Central Bank (Banco Central de Costa Rica -...

Ticos Up To Their Eyeballs In Consumer Debt: UCR Survey

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

Dollar Exchange Hit ¢580 On Tuesday

Q COSTA RICA - The dollar exchange on Tuesday by some banks reached ¢580...

Opened In Costa Rica First Clothing Store Accepting Bitcoins

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

Costa Rica Should Move Towards De-dollarization of the Economy, Central Bank President

QCOSTARICA - The president of the Central Bank of Costa Rica (Banco Central de...

Dollar Exchange Takes A Dive This Week

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

Christmas Arriving In November in Costa Rica: Gas Price Drop On The Way

Christmas is arriving early in Costa Rica this year, a reduction in gasoline prices...

Costa Rica Interest Rates Continue to Rise

Q COSTA RICA BUSINESS - The Passive Base Rate (Tasa Básica Pasiva in Spanish)...

Dollar Tanks, Drops ¢19 This Week

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

Costa Rica’S Autopistas del Sol Issues Landmark Project Bonds

QMONEY - Two international law firms, Jones Day (US) and BLP (UK), have helped...

Do Not Fall “Victim” To Credit or Debit Card Surcharges

Q COSTA RICA - A practice that is more common than you think, although...

Costa Rica ¢20.000 Colones Among Most Beautifully Designed Currencies

QCOSTARICA - The ¢20.000 colones note has been included in the TIME list of...

Increase in the Dollar Exchange

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

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)...

Central Bank’s Intervention to Stabilize Exchange Rate

Q MONEY - In the last several weeks we've seen the Dollar exchange rate...

New VAT Expected To Be Kept At 13 Percent

Q COSTA RICA - Costa Rica may opt for a lower value-added tax (VAT)...

Why Income Taxes Are Immoral

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

Dollar exchange rate on the rise

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

Why Are Costa Ricans Not Willing To Pay Taxes?

Q COSTA RICA / Why are Costa Ricans reluctant to pay taxes? What are...

Central Bank Says It Will Spend US$1 Billion To Shore Up The Colon

You Want Dollars? Have a billion! At a press conference and in the face...

Costa Rica Expands Access To Housing Finance

The Inter-American Investment Corporation (IIC) has established a strategic partnership with Cooperativa Nacional de...

Costa Rica Effective Dollar Rate Goes Up

The effective rate in dollars went up to 2.13% from 2.01% last week, while...

Three Reasons Universal Basic Income Will Never Work

Every so often a new study is released, concluding that a universal basic income...

Costa Rica Extradites Russian Linked Liberty Reserve Money Laundering

In handcuffs and on a United Airlines flight, the 27 year old Russaion national...

Can Current Value Of Costa Rica’s Currency Be Maintained?

QCOSTARICA - Many wonder how Costa Rica's currency, the Colon, has been able to...

It’s MARCHAMO Time!

(QCOSTARICA) It's that time of year again. It snuck up quickly this year, November...

Coffee Shops Booming in Costa Rica

QCOSTARICA - Local businesses and international franchises are looking to differentiate themselves focusing on...

Costa Rica Central Bank Introduces Virtual Wallet (Monedero Virtual)

QCOSTARICA - Customers of the Banco Nacional (BN), Banco de Costa Rica (BCR) and...

Now That Bitcoins Are Worth More Than Their Weight in Gold, Is It Time For Central Banks To Make Their Own?

(Q24N) The history of gold trading can be traced back hundreds of years while...

Costa Rica Credit Card Debt Grows 23%

The number of cards in circulation in the country grew by 9% between July...

U.S. Dollar Exchange Pushes Past ¢590

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

Banco Nacional Will Use Face Recognition For Online Banking

QCOSTARICA - Costa Rica's state bank, the Banco Nacional (BNCR) said it will be...

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