Costa Rica: Effective Rate in Dollars Rises to 2.33%

The Effective Rate in Dollars has risen from 2.31% to 2.33%, while the Passive Base Rate fell from 6.10 to 6.05%.

Wednesday, January 31, 2018

Al May 16th, 2018  

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The Central Bank of Costa Rica published on the afternoon of Wednesday, January 31, news that after increases in the previous weeks, the Passive Base Rate registered a reduction, and will remain at 6.05% until next Wednesday, February 7. Click to interact with graphClick to interact with graph

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

The Central Bank also reported that the Effective Dollar Rate (TED) rose for a fourth consecutive week and will stand at 2.33% for the next 7 days. (See graph).

More on this topic

Costa Rica: Drop in Interest Rates

February 2018

The Passive Base Rate fell from 6.05% to 6%, while the Effective Rate in Dollars also fell, from 2.30% to 2.28%.

The Central Bank of Costa Rica published on the afternoon of Wednesday, February 21, news that after the increase registered the previous week, the Passive Base Rate returned to the level reported two weeks ago, and will remain at 6% until next Wednesday, February 28. [GRAFICA caption = "Click to interact with graph"]

Costa Rica: Interest Rates Rise

February 2018

The Passive Base Rate has gone up from 6% to 6.05%, while the Effective Rate in Dollars rose from 2.23% to 2.30%.

The Central Bank of Costa Rica published on the afternoon of Wednesday, February 14, news that after registering a decline last week, the Passive Base Rate went up 0.05%, and the level in which it will remain until next Wednesday, February 21 is 6.05%. [GRAFICA caption = "Click to interact with graph"]

Costa Rica: Slight Drop in Interest Rates

February 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%.

On the afternoon of Wednesday, February 7, the Central Bank of Costa Rica published news that for a second consecutive week, the Passive Base Rate fell back to the level recorded 4 weeks ago, and will remain at 6% until Wednesday, February 14. [GRAFICA caption = "Click to interact with graph"]

Interest Rates Continue to Rise

January 2018

In Costa Rica there have been increases for a second consecutive week, the Passive Base Rate reached 6.05% and the Effective Rate in Dollars 2.27%.

The Central Bank of Costa Rica published on the afternoon of Wednesday, January 17, news that for a third consecutive week there has been an increase in the Passive Base Rate, and the level at which it will remain until next Wednesday, January 24, is 6.05%. [GRAFICA caption = "Click to interact with graph"]

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