Costa Rica Dollar Hits Two Decade Low Amid Debate Over External Debt
Costa Rica’s dollar exchange rate has fallen to levels not seen in about two decades, and economists Fernando Naranjo and Norberto Zúñiga say one of the main reasons is the government’s heavy use of external debt since 2023. The two argued that foreign borrowing has pumped more dollars into the local market, adding to the …
Read more “Costa Rica Dollar Hits Two Decade Low Amid Debate Over External Debt”
