Costa Rica: Basic Rate Starts Year at 7.25%
The basic passive rate started the year with a decline of 0.75 points to settle at 7.25%.
Thursday, January 6, 2011
The indicator calculated by the Central Bank of Costa Rica is located at the same value it had in early December 2010.
In the last three months the Basic Passive rate has hovered between 8% and 8.25%.
The basic passive rate dropped a quarter of a percentage point to settle at 7.5%.
After spending a month at 7.5%, the Basic Passive Rate went down a quarter of a percentage point.
From today the basic passive rate (TBP in Spanish) rose half a percentage point to settle at 8.5%, a level not seen since May 2010.
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