Costa Rica: Basic Passive Rate Falls to 4.15%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%.Wednesday, March 25, 2020
The Central Bank of Costa Rica published on the afternoon of Wednesday, March 25 that after registering considerable drops in the previous weeks, the Basic Passive Rate fell again, in this case by 0.20% and will remain at 4.15% until next Wednesday, April 1. Basic Passive Rate Falls to 4.35%March 2020 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%. 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%. Interest Rates Fall in Costa RicaAugust 2017 The Passive Base Rate fell from 5.95% to 5.90%, while the Effective Rate in Dollars also fell from 2.19% to 2.16%. 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%.
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