Exchange Rate in Costa Rica
Costa Rica - Exchange RateThe economy appeared to lose its footing in the third quarter, after the second quarter’s year-on-year acceleration. According to the Central Bank’s monthly index, economic activity decelerated in the third quarter compared to the previous quarter, likely linked in part to large-scale protests. Meanwhile, union strikes against the landmark fiscal reform bill, which have been ongoing since September, have diminished in recent weeks. The bill, which includes changes to Costa Rica’s tax structures and limits on government spending, was deemed legally acceptable on 23 November by the constitutional branch of the Supreme Court, passed a final vote in the Legislative Assembly on 3 December, and was signed off by the president on the same day. The bill was considered as urgent given Costa Rica’s deteriorating fiscal position. The Central Bank recently said that the new measures would reduce the deficit and allow the government to stabilize its debt accumulation.
Costa Rica - Exchange Rate Data
|Exchange Rate (vs USD)||500.7||511.8||537.3||553.2||571.4|
5 years of economic forecasts for more than 30 economic indicators.
Costa Rica Exchange Rate Chart
Source: Thomson Reuters.
Costa Rica Facts
|Exchange Rate||598.3||-0.57 %||Dec 11|
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
December 7, 2018
Consumer prices rose 0.42% in November compared to the previous month, up from the 0.37% increase in October.
November 9, 2018
Annual working-day adjusted growth in economic activity slowed to 2.5% in September from 2.8% in August.
November 7, 2018
Consumer prices rose 0.37% in October compared to the previous month, up from the 0.22% increase in September.
October 11, 2018
In August, annual growth in economic activity inched up to 3.8% from 3.7% in July.
October 5, 2018
Consumer prices rose 0.22% in September compared to the previous month, marking a contrast with the 0.07% fall logged in August.