At Monex, the Dollar Has Dropped to Its Lowest Point in Nearly Two Decades. What’s Going On?

At Monex, the dollar has dropped to its lowest point in nearly two decades. What’s going on?

Q COSTARICA — With the arrival of year-end holidays and the trade winds, the US dollar exchange rate has plummeted, reaching its lowest values ​​in almost 20 years on the Mercado de Monedas Extranjeras (Monex)—Foreign Exchange Market. Last weekend, the US dollar closed below ¢500 colones for the sixth time between Friday, November 14, and Friday, November 21. But what is causing the US currency to trade at such a low level? “Typically, at the en…