Costa Rica Currency Update: Tourism Dip Drives Dollar Surge
Costa Rica’s exchange rate has defied expectations, climbing steadily after months of stability near ¢500. Two weeks ago, the dollar traded at ¢500.16, but by Monday it reached ¢511.43—a daily rise not recently seen here. Economists warn this shift, driven by declining tourism and U.S. trade policies, could signal tougher times ahead for the colón. …
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