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Dollar Hits Record Low Against Costa Rican Colón | Nigaragua News
The U.S. dollar just hit an all-time low against Costa Rica’s colón — down to 447.93 colones per dollar, the weakest since 2007. This sharp drop is hitting expats and retirees hard, shrinking their dollar income’s buying power for rent and groceries. Tourism businesses are also feeling the pinch, as dollar earnings convert to fewer colones for local expenses. Meanwhile, importers and those with dollar debts are benefiting from the stronger colón. The Central Bank is stepping in to stabilize the market, but this exchange rate shift is reshaping daily life and business across Costa Rica. Listen…
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