Tuesday 13 May 2008, San José, Costa Rica

/ COSTA RICA

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Legislator Wants Cap On Credit Card Interest Rate
Dollar Exchange Rate Keeps Climbing
Alleged FARC Rebel Detained For Third Time
Costa Rica Plants More Trees To Become Carbon Neutral
Cows of Cow Parade Have Their Own Store

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.
 
 

 

 

 
 

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