An increase in the Ministry of Finance’s demand for dollars has caused the Central Bank to increase the amount of international monetary reserves for direct sales, to prevent this pressure from going to the Foreign Currency Market (Monex). The Treasury, which traditionally went to the market to sell its foreign currency surpluses, is now demanding […]
Costa Rica News, Summarized in English and Linked to the Source
Central Bank wants to prevent inflation from exceeding 4% in 2019
The measure announced on Thursday by the Central Bank to increase the monetary policy rate (TPM) seeks to prevent inflation from exceeding 4% in 2019. This was explained by Rodrigo Cubero, president of the Central Bank, at a press conference. The MPR is a reference rate used by the Bank to find the cost of […]
Congress will recognize child who saved French tourist
On Thursday afternoon, legislators approved a motion presented by Melvin Núñez to recognize the child Ricardo Ferry, for his exemplary act of rescuing a French minor in Cocles beach. The tourist’s life was at risk because she was drowning; however, 7-year-old Ferry did not think twice and went into the sea to save her. The […]
There are new fuel prices
New fuel prices were approved last Friday and could be in force as of this week when they are published in the official gazette. The resolution was sent on Monday and La Gaceta has between three and finve days to publish it. The new prices will be in force a day after the publication. The […]
Threats against US ambassador were made from a computer
The threats against the life of Sharon Day, ambassador of the United States, were made from a computer the Judicial Investigation Agency (OIJ) found on Thursday in La Union, Tres Ríos. The judicial police informed, through an official communiqué, that the threats were made on September 7th. They came through a site of the Federal […]
IICA will host the International Gastronomy Fair this weekend
On November 3th, Latin American and the Caribbean food lovers will be able to enjoy it the headquarters of IICA in Coronado. This is a family activity with the main objective of raising funds for social welfare projects. This fair has been going on for more than 40 years and the Association, along with the […]