American Expatriate Costa Rica

English-language news and information on Costa Rica

  • Home
  • Original Articles
  • News Reports
  • Book Reviews

Exchange rate rises ¢2.4 and Central Bank intervenes

January 24, 2019 by Staff News Writer

The average exchange rate rose ¢ 2.4 on Wednesday in the Foreign Currency Market (Monex), where wholesale operations are listed.

During the day, a total of $21.3 million were transacted, of which $8.4 million were contributed by the Central Bank through an exchange stabilization intervention, due to excessive pressures on the exchange rate.

The Central Bank also made a direct sale of $32.5 million to the non-financial public sector, the highest sale of this type, so far in 2019.

Wednesday marked the fourth consecutive days of upward trend closures in Monex. At the banks, the exchange rate rose by an average of ¢3 during the day.

crhoy.com

Related articles:

  1. Central Bank intervenes with $31 million in defense of the exchange rate
  2. Dollar exchange rate rises ¢ 3
  3. Central Bank wants to change the calculation of the exchange rate
  4. Central Bank Sells $37 million in USD to stabilize exchange rate
  5. Central Bank intervenes to curb rising dollar
  6. The exchange rate increased ¢5 during the week

Filed Under: News Reports

SIGN UP FOR AMERICAN EXPATRIATE IN COSTA RICA

It's free, we respect your privacy and you can unsubscribe at any time.

Connect with Social Media

  • Email
  • Facebook
  • RSS
  • Twitter
Follow @expatcostarica

Search Articles and News Reports

Articles by Publication Date

July 2025
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
28293031  
« Apr    

News Summary

U.S. President Orders Navy Task Force to Caribbean to Counter Venezuela Threat

Costa Rica Government Silent on Travel Ban with Just 13 Days Left

News Summary

Legislators approve moratorium for registration of shareholders

President confirms gasoline give away for ethanol pilot project

Chinese company sells low cost smart phones in Costa Rica

Search continues for small plane missing in Drake

Farmers will march to the Ministry of Agriculture

IMN warns of dangerous UV radiation this Friday

Copyright © 2010 to 2025 · Link to Legal Notices and Privacy Policy