Currency Volatility Tracker

Costa Rica's Currency Nearing All-time Low

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Tourism, one of Costa Rica's major industries and a source of dollars, was hit hard by the pandemic. Above, Manuel Antonio Beach in Quepos.

The currency of Central America's most stable democracy is becoming more volatile in a potential sign of trouble for the region.

Costa Rica's currency, the colon, tumbled to a near record low against a weakening dollar last week in a sign of distress and increased risk for a nation that has long been viewed as a bastion of stability in Central America, one of the least stable regions in the world.

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