Basic Passive Rate Falls to 4.35%The Basic Passive Rate continued to decline and for this week fell from 4.50% to 4.35%, while the Effective Dollar Rate also fell from 2.35% to 2.25%.Wednesday, March 18, 2020
The Central Bank of Costa Rica published on the afternoon of Wednesday, March 18th that after registering considerable drops in the previous weeks, the Basic Passive Rate fell again, in this case by 0.15% and will remain at 4.35% until next Wednesday, March 18th. Costa Rica: Basic Passive Rate Falls to 4.15%March 2020 This week, the Basic Passive Rate continued to fall, from 4.35% to 4.15%, while the Effective Rate in dollars also fell, from 2.35% to 2.25%. Costa Rica: Slight Drop in Interest RatesFebruary 2018 The Passive Base Rate fell from 6.05% to 6%, while the Effective Rate in Dollars also fell, from 2.33% to 2.23%. Costa Rica: Interest Rates Fall AgainApril 2017 After an increase last week, the passive base rate fell to 4.40%, and the effective rate in dollars also fell, standing at 1.94%. Costa Rica: Lower interest rates in Colones and DollarsJanuary 2017 The passive base rate dropped from 4.45% to 4.35%, while the effective rate in dollars dropped from 2.01% to 1.92%.
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