US Dollar Regains Strength, Climbed ¢13+ Colones In One Day

December 4th, 2009 | by admin |

The US dollar climbed an average of ¢13 colones by the end of close of business Wednesday.

The dollar opened Wednesday morning at ¢557 for the buy and ¢567 for the sell, as posted by the Banco Central de Costa Rica. At the close of business yesterday, most banks were trading at ¢572 and ¢584, respectively, at some banks.

The Banco Popular was trading at ¢573 and ¢584, while the Banco HSBC closed with a rate of ¢570 and ¢584.

The Banco Central de Costa Rica (BCCR) – Central Bank – posted the reference exchange rate Thursday morning at ¢571.39 for the buy and ¢582.01, up from ¢557.82 and ¢567.89, respectively, the day before.

The dollar began its rise on Tuesday after more than a week of continued drops. However, on Wednesday it gained in one single day almost half of the drop during the past several weeks.

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