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Has drug trafficking penetrated the dollar exchange system?

QCOSTARICA The possibility that drug trafficking has penetrated Costa Rica's dollar exchange system cannot be completely ruled out. The alert comes after the Banco Central de Costa Rica (Central Bank) reported strong growth in the currencies of the account called “others”, which registered movements of US$5.75 billion in 2023, which meant an increase of…

Rising prices and fall in economy growth has led to a decrease in consumption

QCOSTARICA Defining expenses well to cover their basic needs will be the priority of Costa Rican families in 2024, because they will feel a contraction in consumption, generated by the rise in the prices of goods and services and lower economic growth. Inflation will return to the target range established by the Banco Central…

Costa Rica more costly than New York as a travel destination

QCOSTARICA Costa Rica is becoming known for being a more expensive destination than New York, according to Rubén Acón, president of the National Chamber of Tourism (Canatur). Acón once again called on the authorities of the Banco Central de Costa Rica (Central Bank) and the government of Rodrigo Chaves to limit the appreciation of…

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