Basic Passive Rate Goes Down to 5.9%The Basic Passive Rate decreased from 6% to 5.9%, while the Effective Rate in Dollars also decreased, from 2.71% to 2.64%.Thursday, July 18, 2019
After the PBS increased to 6.65%, a level not seen since August 2015, this is the second week in which declines are reported. This behavior was predicted by Douglas Soto, general manager of the Bank of Costa Rica (BCR), who weeks ago explained that the increase that was reported at that time was a "... cyclical behavior, and therefore, PBS will decrease soon." ¿Busca soluciones de inteligencia comercial para su empresa?Do you need information about the financial sector?Request more information: Need assistance? Contact us
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Effective Rate in Dollars Goes Down to 2.27%December 2019 The Basic Passive Rate remained at 5.55%, while the Effective Rate in Dollars reported a decrease, from 2.43% to 2.27%. Effective Rate in Dollars Increases to 2.54%August 2019 In Costa Rica, the Effective Rate in Dollars increased from 2.43% to 2.54%, while the Basic Passive Rate remained unchanged. Interest Rates Go DownApril 2019 The Basic Passive Rate decreased from 6.20% to 6.05%, while the Effective Rate in Dollars also decreased, from 2.88% to 2.69%. Costa Rica: Passive Base Rate Rises to 5.90%August 2017 The Basic Passive Rate rose from 5.85% to 5.90%, while the Effective Rate in dollars decreased from 2.14% to 2.13%.
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