The national and state banks posted an exchange rate of between ¢580 and ¢585, on the afternoon of August 31, for one US dollar.
Today, Tuesday, September 4, the sell rate at the Banco de Costa Rica (BCR) and Banco Nacional (BN) was ¢588 and ¢587, respectively. Private banks posted similar rates.
The exchange rate set by the Banco Central (BCCR) – Central Bank – for Wednesday, Sept. 5 is ¢585.15, up ¢11.99 from the ¢573.16 set last Wednesday (Aug. 29)
These movements are not sudden. Some sessions ago on the Mercado de Monedas Extranjeras (Monex), the currency market began to shake and even required the sale of dollars, for stabilization, by the BCCR.
The Central Bank sold about US$39 million in just two days of the week (August