American Expatriate Costa Rica

Dollar price rose ¢ 3 in one day and ¢ 10 in one week

The exchange rate rose ¢3 in a single day, because this Tuesday the session ended at ¢578.3 and on Monday at ¢575.4 in the wholesale market of Monex.

The currency has risen ¢10 since last Tuesday in that market, as a result of seasonal factors.

On the other hand, in financial institutions there has also been an increase, since yesterday it was quoted at ¢582 per dollar.

Traditionally, in September there is a greater demand for the US currency for the payment of taxes. In addition, seeing the currency at a low price, economic agents begin to buy dollars and this raises its price.

However, the arrival of Eurobonds for $ 1.5 billion and the possible approval of multilateral loans for $ 850 million would bring stability to the US currency.

crhoy.com