Central Bank of Costa Rica
Costa Rica lowers reserve requirements on domestic currency
Move follows IMF recommendation to boost domestic currency use in highly dollarised economy
Costa Rican central bank backs government’s external financing plans
Move would reduce pressure on domestic rates and boost economic growth, it says
Costa Rica cuts rates further following March reversal
Central bank concerned about downside inflation risks and slow economic activity
Central Banking’s ‘Leaders’ for custody, banking and gold
Reserve managers reveal their top counterparties
Costa Rica makes about-turn on interest rates
Central bank reverses November hike as inflation concerns tip towards the downside
Technology in reserve management: Outlook for 2019
Reserve managers look to cloud for solutions, but security issues remain
Costa Rica has significantly improved inflation targeting – IMF staff
IMF report welcomes end to governors’ terms being linked to presidential elections
People: Stanley Fischer joins BlackRock in advisory role
Veteran central banker moves back to private sector; Jamaica begins search for new governor; El Salvador governor assumes presidency of regional council
Costa Rica credit rating downgraded two notches amid persistent fiscal deficit
Fitch Ratings revised rating down despite early repayment of central bank and fiscal reforms
Asset management: outlook for 2019
Monetary policy divergence, protectionism and ESG are shaping reserve managers’ approach to 2019
Costa Rican congress passes central bank-backed tax reforms
Reforms were ‘not only necessary, but urgent’, central bank says
Costa Rican central bank hikes rates over inflation fears
Government faces opposition to fiscal reforms as currency slides
Costa Rican public debt feeding into inflation expectations
The central bank says it remains “vigilant” to tensions that may compromise its inflation target
Costa Rica government resorts to central bank financing
Government to use Treasury bills to finance growing deficit as public sector workers go on strike
Costa Rica’s upgraded website employs new data management tools
New design layout is responsive for mobile devices
IMF urges Costa Rica to shore up financial stability defences
Fund calls for increased transparency from financial stability committee
Costa Rican central bank gets $1bn to shore up exchange rate
Regional fund offers credit line as central bank aims to boost reserves
Central American central banks move to upgrade regional payment system
Central bank governors from Central America draw up action plan, detailing faster payment times
Central Bank of Costa Rica should not have a growth target, says IMF
IMF also recommends the elimination of the exchange rate band
Costa Rica gold museum set to reopen
Central Bank supports $686,000 electrical upgrade; gold museum will reopen on September 3
Row brews in Costa Rica over new banknote
Central bank forced to defend wording on new banknote; debate erupts on ‘state’ versus ‘republic’
Government representative quits Costa Rica’s board
Government representative on central bank board resigns; leaves body without power to make decisions on foreign exchange policy
Bolaños will return to head Costa Rican central bank
Former central bank president Rodrigo Bolaños will take over at the helm again, after current chief Francisco de Paula Gutiérrez Gutiérrez announces plan to leave in June