Dollar Exchange
Regains Upward
Momentum On
Monday
Following a big
drop by the end
of the week,
last week, the
dollar exchange
sharply
increased on
Monday, shooting
up to ˘515.29
for the buy and
˘525.95 for the
sell.
At some banks
the dollar
traded at ˘530
on Monday.
Over the
weekend, some
retailers, like
Pricesmart, were
exchanging
dollars to
colones at ˘530,
while the bank
inside the store
was offering a
rate
considerably
less.
Economists say
the reasons for
the swings are
many, but all
agree that it
will rise,
perhaps even
reach the top
end of the band
of ˘600 colones
by the year's
end.
|
|
|
 |
|
|
|
|
|
