Costa Rica: Passive Base Rate Rises

The Basic Passive Rate has risen from 5.85% to 5.95%, while the Effective Rate in Dollars did not change and remains at 2.39%.

Thursday, June 28, 2018

Interest rates Costa Rica Al March 27th, 2019  

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The Central Bank of Costa Rica published on the afternoon of Wednesday, June 27, news that after the reduction reported last week the Passive Base Rate went up 0.10% and the level at which it will remain until next Wednesday, July 4 is 5.95 %. Click to interact with graphsClick to interact with graphs

The passive base rate is an average of the deposit rates given by financial institutions for periods of 150-210 days. 

The Central Bank also reported that after the reduction registered two weeks ago, the Effective Rate in Dollars (TED) did not change and will be located at 2.39% for the following 7 days. (See graph).

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Costa Rica: Effective Rate in Dollars Increases to 2.46%

October 2018

The Effective Rate in Dollars increased from 2.33% to 2.46%, while the Passive Basic Rate remained at 5.80% for the second consecutive week.

On Wednesday afternoon, October 31st, the Central Bank of Costa Rica published that after the 0.05% increase of two weeks ago, the Basic Passive Rate did not change and will remain at 5.80% until next Wednesday, November 7th. [GRAFICA caption="Click to interact with the graph"]

Costa Rica: Base Rate Drops to 5.85%

June 2018

The Basic Passive Rate fell from 5.95% to 5.85%, while the Effective Rate in Dollars increased from 2.31% to 2.39%.

The Central Bank of Costa Rica published, on the afternoon of Wednesday, June 20, news that the Passive Base Rate fell, this week by 0.10% and the level at which it will remain until next Wednesday June 27 is 5.85%.[GRAFICA caption = "Click to interact with graphs"]

Costa Rica: Rise in Rates in Dollars

March 2018

The Effective Rate in Dollars has risen from 2.29% to 2.33%, while the Passive Base Rate fell from 6.1 to 5.95%.

The Central Bank of Costa Rica published on the afternoon of Wednesday, March 7 news that after a rise in the last few weeks, the Passive Base Rate registered a reduction of 0.15%, and will remain at 5.95% until Wednesday, March 14th.[GRAFICA caption = "Click to interact with graph"]

Interest Rates Drop in Costa Rica

September 2017

The Passive Base Rate fell from 5.95% to 5.75%, while the Effective Rate in Dollars also decreased, going from 2.21% to 2.07%.

The Central Bank of Costa Rica published on the afternoon of Wednesday, September 6, news that after a rise last week, the Passive Base Rate registered a reduction, and will remain at 5.75% until next Wednesday, September 13. [GRAPHIC caption = "Click to interact with the graph"]

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