Friday 31 March 2023

Dollar begins to be sold in banks for less than ¢550

The exchange rate ended the week deepening its downward trend

Paying the bills


Dollar will remain cheap during the first semester

QCOSTARICA - The exchange rate reports a decrease of...

Costa Rica has more than 200 homicides in less than three months

QCOSTARICA - With only a few days before the...

Farmers will march this Wednesday against government decisions towards the agricultural sector

QCOSTARICA - Farmers will hold a peaceful march and...

In Latin America, Heat Warnings Can Prevent Deaths

Q REPORTS (IPS) On March 9, 2023, more than...

Mexico-US border: Fire at migrant facility kills dozens

Q24N (DW) A fire that broke out at a...

Justin Trudeau and Joe Biden are missing the bigger picture about migrant border crossings

Q REPORTS - When Canadian Prime Minister Justin Trudeau...

Dollar Exchange

¢540.39 Buy

¢545.95 Sell

31 March 2023 - At The Banks - BCCR

Paying the bills


QCOSTARICA – The price of the U.S. dollar is listed below ¢550 in the windows and virtual offices of the commercial banks, both state and private.

The National Bank offers it at ¢547 and the Bank of Costa Rica at ¢548.

- Advertisement -

A summary report, as reported to the Banco Central (Central Bank), for this Saturday, March 18, indicates a buy rate between ¢532 (Scotiabank) and ¢536 (BAC San Jose), while the sell ranges between ¢547 (BCR and Banco Nacional) and ¢554 (Banco Lafise).

“There are different forces around the downward exchange rate (that is, a greater amount of dollars in the economy), the partial payment of income tax, something seasonal in March, and the eventual placement of Eurobonds,” said Greivin Salazar, economist at the Universidad Nacional (UNA).

the abundance of foreign currency is linked to the growth of exports of goods and services, and tourism, which expects to see 3 million visitors this year.

Representatives of the national productive sector – especially industrialists, agro-exporters and tour operators – implore the Government and legislators to intercede with the Central Bank so that it intervenes in the exchange market with stabilization operations and stops the fall in the price of the dollar exchange.

Businessmen warn that keeping the exchange rate at levels similar to those of 7 years ago already has an impact on employment in the most affected sectors, which could result in layoffs and possible closures of businesses.

- Advertisement -


- Advertisement -
Paying the bills
Avatar photo
"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

Dollar will remain cheap during the first semester

QCOSTARICA - The exchange rate reports a decrease of 22% so...

Central Bank went too far, says José Álvaro Jenkins, president of Uccaep

QCOSTARICA - The measures taken by the Banco Central de Costa...

Subscribe to our stories

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