Economy / Costa Rica
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Macroeconomic Forecast Costa Rica
December 2006 | Macroeconomic ForecastsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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BMI View: The effects of the flexible currency regime, which was introduced in October to replace the existing crawling peg depreciation scheme, are becoming clearer. The colon appreciated sharply following the central bank's announcement, and the currency has since remained near the strong side of the allowable band.