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Insidecostarica.com - San José, Costa Rica  -    Saturday 04 February  2006

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Costa Rica
  "Ley Seca" Bans The Sale of All Alcohol Until Monday Night
  Arias All Set For Win Tomorrow
  Increase In Savings
  Don't Put Away the Umbrella Just Yet
  Family Asks For Help in Finding Missing Man
  Deceased Expected to Vote Tomorrow



Increase In Savings
In spite of the high inflation recorded last year, Costa Ricans increased their savings in banks markedly, 21% more than in 2004, the Banco Central de Costa Rica (BCCR) reported.

However, the savings, in both dollars and the local currency, actually increased only by 7%, once inflation is taken into account.

According to the BCCR this trend points to an excess in cash, therefore requiring the central to strengthening their monetary policy.




 

   

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