Dollar Exchange Rate
Keeps Climbing
The US dollar to colon
exchange rate keeps
climbing following the
move by the Banco
Nacional forcing other
banks to their buy and
sell rate for the US
currency.
The rate posted this
morning by the Banco
Nacional (BN) is has the
buy at ˘512 and sell at
˘518. The buy at the
Banco de Costa Rica (BCR)
is ˘517.50 and the sell
at ˘523.50.
The largest of the
private banks,
Scotiabank has ˘511 and
˘518 posted, Cuscatlan
˘504.10 and ˘511.94 and
the BAC San Jose posted
˘510 and ˘517.
The Banco Central de
Costa Rica (BCCR) has
posted its band at
˘507.74 for the buy and
˘516.16.
The exchange is almost
at the level of 24
November 2007 (buy
˘516.76 / sell ˘521.23)
before dropping 4%
overnight. |