Wednesday 26 January 2022

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

Average quote of the dollar, in the wholesale market, rose this October 29 ¢3.81 and reached ¢605.06, while in the banks the sale value of the currency reached ¢610

Paying the bills

Latest

Is it legal to put have cameras outside houses?

QCOSTARICA - Yes, it is possible to have security...

Costa Rica applied 89,120 doses against covid in the last 8 days

QCOSTARICA - In the last 8 days, Costa Rica...

20 Best Sites to Buy Instagram Story Views

If improving your audience reach for better sales and...

Top Progressive Jackpot Slots

The prizes used to be in the form of...

Panama levels of corruption in the public sector have remained stagnant since 2012

Q24N - The 2021 Corruption Perceptions Index (CPI) published...

These are the 4 reasons why the Government opposes the medical cannabis law

QCOSTARICA - In the normal process of a bill,...
Paying the bills

Share

The average price of the US dollar in the Monex wholesale market rose on Monday, October 29, ¢3.81, this is the most important daily variation recorded this year. In addition, the value of the dollar reached this Monday is 6.2% higher than that registered a year ago.

The amount traded in the Monex was $4.2 million of which the Central Bank contributed $1.9 million.

- Advertisement -

In the state and private banks, the sale price of the currency reached ¢610 at Financiera Desyfin, and ¢609 at other private banks and ¢608 at the Banco de Costa Rica (BCR) and Banco Nacional (BN), according to the report by the Central Bank.

This behavior coincides with the arrival of Rodrigo Cubero last August as president of the Central Bank. Cubr announced upon his arrival that his management would have greater exchange flexibility.

This behavior coincides with the entry last August of the president of the Central Bank, Rodrigo Cubero, who precisely announced upon his arrival that under his management there would be greater exchange flexibility.

In its monthly commentary on the economy for October, published on Friday, October 26, the Central Bank explained that the pressure on the exchange rate in September and so far in October is consistent with a lower availability of foreign currency in the Costa Rican market.

“Although the seasonality that characterizes these months influenced this behavior, the lack of a solution to the structural problem of public finances generates uncertainty among some economic agents, it is estimated increased the demand for foreign currency,” said the Bank.

- 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

Use of PIN for card payments pushed to May

QCOSTARICA - The Banco Central de Costa Rica (BCCR) - Central...

Consumers must enter PIN starting in February

QCOSTARICA - Starting February 1, a new guideline by the Banco...

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.