The Costa Rican colón reached a new historic low against the US dollar in the country’s foreign exchange market (Monex), closing Tuesday’s session at ¢451.05.
The move extends a period of strength for the local currency, which has remained below the ¢455 level since June 29.
This represents a notable reversal from recent weeks, when the colón had weakened to close above ¢455.14 on Friday.
The sustained trading below the ¢455 mark signals a shift in market sentiment, with the dollar continuing its slide against the Central American currency.
The development underscores changing dynamics in regional FX markets, where the colón has gained ground against the greenback.
Traders are monitoring whether this trend will persist as liquidity conditions evolve in the region.