Monday 27 September 2021

Costa Rica’s Central Ban Announces Intervention Plans

Paying the bills

Latest

Bianca, Mick Jagger’s first wife: “Nicaraguan by grace of God”

QCOSTARICA - Bianca Jagger, who was the first wife...

Train Yourself to Stay Calm Under Pressure

Do you know anyone who handles stress really well?...

Alunasa, a Venezuelan state company in Costa Rica, leaves employees without salary

QCOSTARICA - The Venezuela state-owned company operating in Costa...

In Venezuela there is food, but expensive

Q24N - The Venezuelan economy has begun to reactivate....

Today’s Vehicle Restriction September 27: Plates ending in “1 & 2” CANNOT circulate

QCOSTARICA - For today, Monday, September 27, vehicles with...

Government will buy one million more covid vaccines for children and third doses in 2022

QCOSTARICA - The President of Costa Rica, Carlos Alvarado,...

Don’t forget the vehicular restrictions

QCOSTARICA - If you are out and about this...
Paying the bills

Share

The Banco Central de Costa Rica (BCCR) – Central Bank – said on Monday that it will intervene against any “violent fluctuations” in the exchange rate, based on wholesale trades in the Mercado Cambiario Mayorista (Monex).

SONY DSCIn the press release, the Cental Bank said its participation, if approved by the board, will not alter the trend of the dollar, nor eliminate entirely the volatility of the currently.

The criteria used to perform interventions is “strictly technical” and not all the details will be released. Several economists , including Ronulfo Jiménez, Luis Loria and Otton Solis, have criticized the Central Bank for not posting these criteria rules.

- Advertisement -

The BCCR stressed that the decision does not involve any change in the exchange rate band. According to the bank, the exchange rate closed on Monday at ¢517.07 for the buy and ¢531.32. (QCostarica publishes daily from Tuesday to Saturday the rate set by the Central Bank. The rate can be found on the front page).

- Advertisement -
Paying the bills
Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Bianca, Mick Jagger’s first wife: “Nicaraguan by grace of God”

QCOSTARICA - Bianca Jagger, who was the first wife of The...

Train Yourself to Stay Calm Under Pressure

Do you know anyone who handles stress really well? They never...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.