On Christmas Eve the sell for the dollar exchange rose ¢6 colones at some banks.
At the beginning of the day the Central Bank set the exchange rate at ¢494.18 for the buy and ¢505.85 for the sell. hat is the official exchange rate at the the BCCR.
However, some banks, like the Banco Nacional closed the exchange at ¢496.50 for the buy and ¢506.50 for the sell.
At the private bank, Scotiabank, the exchange was even higher: ¢497 for the buy and ¢509 for the sell.
Banking authorities claimed not to know what triggered the rise. Some experts say it is the situationtional behaviour of the date or a shortage of dollars by some players in the financial markets?
Whatever the reason, this is great news for anyone in possession in dollars wanting to exchange to colones or paying bills, like the Marchamo, from the dollar account.
