The Central Bank of Costa Rica reported that the passive base rate, an indicator of the average uptake rates given by financial institutions on periods of between 150 and 210 days will be located at 7.05% at least until Wednesday 27 August.

This rate has not been located above 7% since March 19, 2013.

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Costa Rica: Base Rate Rises to 7.10%

April 2015

After dropping 0.05%, the main benchmark for loans and investments in the country has risen to 7.10% and will remain at that level at least until April 22.

The Central Bank of Costa Rica reported that the basic borrowing rate rose by 0.05% and will stand at 7.10% for at least a week.

Costa Rica: Base Rate Drops to 7.20%

December 2014

After having settled last week at 7.25%, for the second time this year, the passive base rate has returned to 7.20%, a level which it will keep at least until December 17.

The Central Bank of Costa Rica reported that the basic borrowing rate, an indicator of the average interest rates given for savings at financial institutions with maturities of 150-210 days will stand at 7.20%, at least for a week.

Costa Rica: Base Rate Drops to 6.95%

August 2014

The benchmark rate for loans and investments in the country will be located at least 6.95% until 13 August.

The Central Bank has reported that the base rate has been reduced from 7% to 6.95% and will remain at that level until at least August 13.

The rate is an indicator of the average uptake rates given by financial institutions for maturities of between 150 to 210 days.

Passive Base Rate Drops to 6.75%

May 2014

The primary reference rates for loans and investments in the country now stands at 6.75% at least until May 21.

The Central Bank of Costa Rica reported that the passive base rate, an indicator of the average uptake rates at financial institutions on periods from 150 to 210 days will be located at least 6.75% until 21 May.