Monday 28 July 2008, San José, Costa Rica 

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 Holiday Monday
 Dollar Reserves Decrease

Dollar Reserves Decrease
 The Central Bank’s dollar reserves dropped us$706 million from April through July 18th.

They are now at us$4.23 billion, an amount that suffices to cover four months of regular imports.

Central Bank chairman Francisco Gutierrez explained that the decrease results from several factors, ranging from the deposits made by finance intermediaries to the Bank’s intervention in the exchange market.
 
 
 

 

 
 
 

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