How Costa Rica’s Strong Colón Became a Problem for the Economy

Costa Rica has spent much of the past decade walking a monetary tightrope, and the results have been extraordinary in some sectors and quietly devastating in others. At the center of the story is the Banco Central de Costa Rica, or BCCR, and its inflation-targeting framework, whose stated goal is to keep consumer price growth […] The post How Costa Rica’s Strong Colón Became a Problem for the Economy appeared first on The Tico Times | Costa Rica News | Travel | Real Estate.