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[BUSINESS] · Costa Rica, Colombia · 6 sources

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US Dollar weakens in Costa Rica and Colombia

The US dollar has experienced significant depreciation against local currencies in Costa Rica and Colombia.

In Costa Rica, the Central Bank reported the dollar fell to 446.93 colones, its lowest level since December 2007. This decline is attributed to high currency availability from tourism, exports, and foreign investment. The impact has been felt across sectors: the National Tourism Chamber (Canatur) reported an 11% drop in tourism employment and difficulty paying suppliers, while Procomer noted a drastic reduction in income, leading to a budget cut of 4,462 million colones ($10 million).

In Colombia, the official exchange rate (TRM) dropped to $3,100.45 on September 16, 2026, approaching the psychological $3,100 level. However, the market has shown high volatility; after this mid-month low, the TRM rose again to $3,128.46 on September 17 and $3,151.73 on September 18.

Entities

Banco Central de Costa Rica · Canatur · Colombia · Costa Rica · PROCOMER

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