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Costa Rica: 0.45% Currency Devaluation

ISSN:1089-1560
LADB Article ID: 069640
Category/Department: General
Date: Friday, September 14, 1990
By: Deborah Tyroler

On Sept. 13, the Central Bank announced a 0.45% devaluation of the colon. The new exchange rate is 96.25 (sale) and 94.5 (purchase) colons per dollar. When President Rafael Angel Calderon took power in May, the government has been following a po...

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