Costa Rica: Base Rate Drops to 7.05%

The main benchmark for loans and investments in the country will drop to 7.05% and remain at that level at least until April 15.

Wednesday, April 8, 2015

According to reports from the Central Bank of Costa Rica the passive base rate will drop to 7.05%, after having remained for three consecutive weeks at 7.10%.

The base interest rate is an indicator calculated by the central bank using the average uptake rates given by financial institutions on maturities of 150-210 days.

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Costa Rica: Base Rate Drops to 7.05%

May 2015

The main reference rate for loans and investments in the country dropped from 7.10% to 7.05% and will remain at that level at least until next May 13.

According to reports from the Central Bank of Costa Rica, after staying for three weeks at 7.10%, the passive base rate dropped 0.05% and will stand at 7.05% for at least a week.

Costa Rica: Passive Base Rate Remains at 7.10%

April 2015

For the third consecutive week the main reference rate for loans and investments in the country will remain at 7.10% at least until May 6.

The Central Bank of Costa Rica has announced that the passive base rate will stay at 7.10% for another week.

The base interest rate is an indicator calculated by the central bank using the average uptake rates given by financial institutions on maturities of 150-210 days.

Passive Base Rate Remains at 7.10%

March 2015

The main reference rate for loans and investments in the country will remain at 7.10% for the second consecutive week.

According to the Central Bank of Costa Rica, the basic passive rate will remain at 7.10%, at least until April 1, 2015.

The base interest rate is an indicator calculated by the central bank using the average uptake rates given by financial institutions on maturities of 150-210 days.

Costa Rica: Base Rate Drops to 7.10%

March 2015

The main reference rate for loans and investments in the country dropped to 7.10%, the level at which it will remain until at least March 25.

The Central Bank of Costa Rica reported that the passive base rate dropped to 7.10%, after five consecutive weeks of standing at 7.15%.

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