Costa Rica: Basic Rate Drops to 12%After a 0.25% reduction, the Basic Rate stands now at 12%.Thursday, July 30, 2009
"It is the second consecutive week of reduction for this indicator, reversing the raising trend it showed from June onwards", reported Elfinancierocr.com. "A couple of days ago some financial institutions raised their savings rates in colones, pushing the basic rate up to 12.75%". Source: elfinancierocr.com ¿Busca soluciones de inteligencia comercial para su empresa?Basic Rate Drops to 9.25% in Costa RicaDecember 2009 The Basic Passive Rate (TBP) dropped a quarter of a percentage point and now stands at 9.25%. Basic Rate Drops to 11.5% in Costa RicaAugust 2009 The drop of 0.5 percentage points is the third consecutive since mid July, when the rate stood at 12.75%. In Costa Rica basic rate at 11.25%January 2009 As of today, the basic passive interest rate dropped by a quarter point, from 11.5% to 11.25%. Basic interest rate lowered to 10% in Costa RicaOctober 2008 After 12 consecutive increases since May, there was a reduction of 0.25% this week; the basic rate fell to 10%.
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