Costa Rica

The OECD recommended Costa Rica’s Central Bank (BCCR) maintain a flexible exchange rate and minimize market interventions to avoid sharp fluctuations in the dollar price. The OECD’s report, titled OECD Economic Studies: Costa Rica 2025, emphasized that adaptable exchange rate systems benefit open economies by allowing natural adjustments to economic changes, promoting macroeconomic stability. This follows similar advice from the IMF in late February, which criticized the BCCR’s accumulation of international reserves and urged market-driven adjustments.