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Costa Rica
Trends
- 1Costa Rica to invest $300 million in electrical grid modernisation●Costa Rica “invertirá 300 millones de dólares de financiamiento de la Unión Europea (UE) y Francia para modernizar su si
Costa Rica will invest 300 million dollars in funding from the European Union and France to modernise its electricity system and advance its transition toward greater renewable energy generation. The announcement highlights the country's push to strengthen its power infrastructure and build on its already high share of clean electricity.
- 2Dollar Rebounds From Record Low Against Costa Rican Colón●Dollar Rebounds From Record Low but Year-End Could Favor the Colón Again
The dollar has recovered slightly in Costa Rica after hitting a record low against the colón, but analysts expect the US currency could strengthen again toward year-end as demand for dollars typically rises in the final weeks of the year. The exchange rate has been a closely watched issue in the country given its impact on prices and savings.