Costa Rican Central Bank (BCCR) announced on Wednesday that it had sold $21.7 million in dollars to stabilize the exchange rate. The news comes just three days after the BCCR announced a new monetary policy, abolishing a system of exchange rate bands, which it had concluded as obsolete. It also brought to $37.3 million, as the weekly total that it had injected to prop up the colon.
According to BCCR, it has $7.3 billion in US Dollar reserves.