The Costa Rican colón weakened against the US dollar on Friday, closing above the ¢455 threshold in the country's foreign exchange market (Monex).
The currency pair settled at ¢455.14, marking a weekly decline for the local currency as selling pressure mounted.
This depreciation aligns with a broader surge in the US dollar index, which has climbed to its highest level in 13 months.
The greenback's strength is driven by a wave of buying interest as traders rapidly adjust their expectations for Federal Reserve policy, signaling a significant shift in global sentiment.
The Monex platform, managed by the Central Bank of Costa Rica (BCCR), serves as the primary venue for currency intermediaries, the central bank itself, and corporate entities to execute foreign exchange transactions.
While individual investors participate to a lesser extent, the market remains the key indicator for the country's external competitiveness and import costs.