Wednesday, September 30, 2020

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Companies in Costa Rica face big exchange-rate risks

Monday, October 21, 2019

Many companies in Costa Rica, including exporters, multinationals and those with cash in foreign currency, are facing very serious exchange-rate risks.

Many, of course, are taking precautions in the form of contracts to hedge foreign currency risks. But these contracts can cost as much as $250-$300 million, La República reports in Spanish.