Laura Fernández Delgado will be Costa Rica’s second woman president.
Laura Fernández Delgado Wins Costa Rica’s Presidential Election Laura Fernández Delgado has claimed victory in Costa Rica’s presidential election held on Sunday. Preliminary results indicate that her Sovereign People’s Party garnered over 48 percent of the national vote. As per the official count from Costa Rica’s Supreme Electoral Tribunal, the National Liberation Party finished in […]
Laura Fernández, a conservative populist, secures victory in Costa Rica’s presidential election.
Costa Rica has elected Laura Fernández, a conservative populist, as its new president, according to early voting results. This marks another right-wing leader taking office in Latin America. With 96.8% of voting stations reported by the Supreme Electoral Court, Fernández, representing the Sovereign People’s Party, garnered 48.3% of the votes. Her nearest competitor, Alvaro Ramos […]
Lowest Dollar Rate Since 2005 Pressures Costa Rica’s Peak Season Tourism
Concerns Rise Over Costa Rica’s Low Dollar Exchange Rate The dollar exchange rate in Costa Rica has reached its lowest point since 2005, raising worries in the tourism sector as the peak season kicks off. This morning, the dollar was trading at 488 colones, based on data from the central bank, which greatly impacts businesses […]
US Dollar Exchange Rate Reaches All-Time Low in Costa Rica’s Monex Market
US Dollar Sees Continued Decline Against Costa Rican Colon Yesterday, the US dollar experienced a further drop against the Costa Rican colon, closing at 493.47. This marked its lowest point in nearly two decades. The dollar’s decline has now stretched over six consecutive trading days, as reported by Costa Rica’s central bank. In the Monex […]
Costa Rica’s Central Bank Stands by Its Currency Strategy
During President Rodrigo Chavez’s time in office, exchange rates became a key discussion point. A strong Costa Rican currency has led to significant uncertainty across different sectors. Authorities from the Costa Rica Central Bank have repeatedly indicated that the dollar exchange rate remains stable. Last year, the value closed at ¢511.27, while as of July […]