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Costa Rica will keep its currency
Costa Rica held its presidential election on Sunday, and former vice
president Laura Chinchilla has won. She will be Costa Rica's first female president, which is the angle most of the news reports are taking. But one of the losing candidates would have been numismatically more interesting. Otto Guevara had promised that, if elected, he would make the US dollar Costa Rica's official currency. (US dollars are official currency in El Salvador and Ecuador already.) Dollars are widely accepted in all areas of the country that US tourists visit (which is to say, everywhere in the country) but the official currency is the colon. While the circulating Costa Rican coins would be no great loss, I would be sad if their colorful paper money were replaced: http://www.flickr.com/photos/23911267@N06/4197228853/ -Robert A. DeRose, Jr. |
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