The nation’s regulatory agency said that fuel prices will be going up again due to the increase in the rate of exchange with the U.S. dollar.
The math at the Autoridad Reguladora de Servicios Públicos finally caught up close to reality because the dollar exchange rate has been constant for several weeks.
The agency said that super gasoline would increase eight colons to 786 a liter. That is $5.31 for a U.S. gallon.
Plus goes up four colons to 760 or $5.14 a U.S. gallon. Diesel goes up 12 colons to 689 a liter or $4.55 a U.S. gallon. There is a slight increase of two colons a liter in liquid petroleum gas that many Costa Ricans use for cooking and heating water.
In the computations, the Autoridad used a dollar exchange rate of 558.09 colons. For the early May price setting the exchange rate was 510.13 colons to the U.S. dollar.
The new exchange rate still is a bit behind the actual rate of 560 colons to the U.S. dollar.