Costa Rica Currency Surges to 20-Year High on Export Boom

2026-03-26 - 19:10

Key Points — Costa Rica’s colón hit 465 per dollar, its strongest level since 2005, after appreciating 7% this year on record exports and foreign investment — The central bank purchased $497 million in five weeks to slow the rally — its first intervention to cap appreciation since 2015 — Coffee growers and the tourism