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The News
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Written by Rod Hughes
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Friday, 03 September 2010 20:39 |
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Costa Rica's currency, the colon, has hit a two-year high, apparently prompting the Central Bank to buy $50 million in foreign exchange to drive it down again. In the past several years speculating, especially on the Internet exchanges, has caused rapid rises and drops in the currency.
According to the Bloomberg Business Week web site, the Central Bank is set to buy up to $50 million in foreign exchange in an effort to stabilize the colon, which has surged 7% in the last three months, hitting a high of 504.75 colones per dollar on Aug.31. This is on the uncomfortable side of the 500 to 645 band the Central Bank has set as a stability goal.
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Last Updated on Tuesday, 07 September 2010 20:26 |
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Written by Rod Hughes
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Friday, 03 September 2010 17:21 |
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The U.S. distributor of Costa Rica's top selling beer, Imperial, announced this week that thirsty North American customers can now use their iPhone to find the nearest place where they can buy the brand, reports the blog Top 10 Costa Rica.
The application is called by a characteristic Tico phrase denoting approval, "Pura Vida" and will show on a map the nearest bar, restaurant, grocery or convenience store in North America carrying the brew, which has become almost emblematic of Costa Rica, says distributor, North American Breweries.
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Last Updated on Tuesday, 07 September 2010 20:25 |
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Outgoing Links to Articles on US Troops Invade Costa Rica |
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Written by Russ Martin
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Wednesday, 01 September 2010 22:57 |
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This page links to external websites. (Fijatevos.com is not responsible for the content of external sites) These are sites who have published information on the non-existent invasion and our comments on their take (italics).
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Last Updated on Wednesday, 01 September 2010 23:21 |
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Clarification: US Troops NOT Occupying or Invading Costa Rica |
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Written by Russ Martin
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Wednesday, 01 September 2010 22:48 |
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Contrary to information circulating on discussion boards, social networks, and even “mainstream” media, the USA has not invaded or occupied Costa Rica. Also there are no operations related to “boots on the ground” or a “Costa Rica Surge”.
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Last Updated on Wednesday, 01 September 2010 23:20 |
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Hypercom: More Tech for a Bank |
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Written by Rod Hughes
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Wednesday, 01 September 2010 18:16 |
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Hypercom Corporation announced that it will supply 13,000 counter-top and mobile payment terminals so that local merchants may access the largest bank in Costa Rica. The Scottsdale, Ariz, company did not reveal the exact amount of the transaction but said it was a "multi-million dollar" deal.
Banco National is the largest bank in the country in terms of asset volume ($6,661 million) with 161 offices and 4,800 employees serving some 1,500,000 customers throughout the country. This four-year roll out is believed to be one of the biggest in the country.
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Last Updated on Wednesday, 01 September 2010 22:44 |
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