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COSTA RICA |
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Dollar Exchange In A Tailspin
The US dollar, against the Costa Rican
Colon, keeps on dropping, in a tailspin all
week, dropping almost ˘10 colones from the
open of trade on Monday to this morning as
published by the Banco Central de Costa Rica
(BCCR) - Central Bank.
On Monday the buy for $1 was ˘576.87
colones, this morning the BCCR published a
buy rate of ˘567.36. The sell opened on
Monday at ˘586.31, this morning it stands at
˘576.99.
The tasa básica pasiva (TBP) - the element
used for calculating the interest rate a
customer pays on bank loans in colones also
dropped this week, from 9% to 8.75%.
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