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More Dollars
The amount of dollars locally
bought by Costa Rican banks
increased drastically the first
four months this year, since the
amount surpassed by us$750
million that of the dollars
sold.
Bank sources said that the
difference for the same period
had been us$254 million in 2003
and us$187 million in 2004,
therefore the unexpected figure.
This was one of the reasons for
the reserves of the Banco
Central de Costa Rica (BCCR) -
Central Bank of Costa Rica - to
reach an unprecedented us$2.2
billion last April 22,
according to official sources.
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