Costa Rica

The Costa Rican colón hit its lowest level in over a year on October 5th, weakening 4.15% since its April 2011 low, and the unit does not appear to have hit its bottom yet. Having... 2011-10-12

BMI View: Our proprietary sovereign risk rating scores appear broadly in line with market sentiment, although compared to the major ratings agencies we are more pessimistic about... 2011-09-29

Efforts by the Banco Central de Costa Rica (BCCR) to reduce upside pressure on the exchange rate have so far proved ineffective, and as a result we believe the government will now take... 2011-07-14

BMI View: While the top half of our sovereign risk ratings has seen little change since last quarter, in the bottom half we believe there are a handful of economies that are facing... 2011-07-07

Latin America emerged relatively unscathed, both economically and politically, from the period of surging commodity prices in early 2011. With prices set to moderate in the second... 2011-06-24

BMI View: Latin America's sovereign risk credentials continue to improve overall, boosted by broadly strong growth rates and high commodity prices. However, we caution that the outlook... 2011-02-09

Efforts by the Banco Central de Costa Rica (BCCR) to reduce upside pressure on the exchange rate have so far proved ineffective, and as a result we believe the government will now take... 2010-10-26