Costa Rica Dollar Hits Two Decade Low Amid Debate Over External Debt

Costa Rica’s dollar exchange rate has fallen to levels not seen in about two decades, and economists Fernando Naranjo and Norberto Zúñiga say one of the main reasons is the government’s heavy use of external debt since 2023. The two argued that foreign borrowing has pumped more dollars into the local market, adding to the […] The post Costa Rica Dollar Hits Two Decade Low Amid Debate Over External Debt appeared first on The Tico Times | Costa Rica News | Travel | Real Estate.

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