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Central Bank announces controls to identify source of U.S. dollars

QCOSTARICA -- Costa Rica exporters, producers, businessmen, and representatives of the tourism sector are just some of those who have raised their voices due to the fall in the dollar exchange rate. Central bank intervention has been requested on multiple occasions, but what is the reason for this behavior in the currency? The Banco Central…
Costa Rica Costa Rican Hazel Valverde Costa Rican Banking Association Central Bank Banco Central De Costa Rica

Banco Nacional confirms missing ¢3.3 billion in cash!

QCOSTARICA -- Neither how nor when. The Banco Nacional (BN), has no idea what happened to the billions of colones in cash missing from its vault, in what could be the biggest bank robbery in Costa Rica's history. The State bank authorities said on Tuesday they have no idea what happened to the ¢3.293 billion…
Costa Rica Jaime Murillo Carlo Diaz David Villalobos Mora Marietta Herrera Banco Nacional

"Usury Law" has left the country more vulnerable to loan sharks, a key factor in insecurity – Q COSTA RICA

Q COSTA RICA - “The clock is ticking, all the fake 'tourists', members of this extortion and money laundering structure, take advantage and get out of our country quickly. Afterwards, we will not hear lamentations”. With those two sentences, Salvadoran President Nayib Bukele recently announced that one of the components of his security strategy would…
El Salvador Costa Rica Provincia De Puntarenas Gerardo Castaing Gerardo Corrales Nayib Bukele

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