Tag: Banking & Money

Jul 20 2011

Investing in Colones Certificates of Deposit

While we pay our rent in U.S. dollars, we pay for everything else in colones.  For the last two years, we’ve been using our debit card from our U.S. bank to withdrawal dollars for our living expenses, then walking into a local bank to exchange much of it into colones.  The exchange rate has gone …

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