Costa Rica: Interest Rates Rise

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%.

Thursday, February 15, 2018

Interest rates Costa Rica Al October 3rd, 2018  

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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%. 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 after falling during the previous week, the Effective Dollar Rate (TED) rose 0.07% and will stand at 2.30% for the next 7 days. (See graph).

More on this topic

Interest Rates Increase in Costa Rica

January 2019

The Basic Passive Rate increased from 6% to 6.05%, while the Effective Rate in Dollars went up from 2.52% to 2.57%.

The Central Bank of Costa Rica published on January 9 that after not registering variations last week, the Basic Passive Rate increased 0.05%, and the level at which it will remain until next Wednesday, January 16 is 6.05%.

Costa Rica: Rise in Rates in Dollars

March 2018

The Effective Rate in Dollars has risen from 2.29% to 2.33%, while the Passive Base Rate fell from 6.1 to 5.95%.

The Central Bank of Costa Rica published on the afternoon of Wednesday, March 7 news that after a rise in the last few weeks, the Passive Base Rate registered a reduction of 0.15%, and will remain at 5.95% until Wednesday, March 14th.[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"]

Costa Rica: Effective Rate in Dollars Rises to 2.33%

January 2018

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%.

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. [GRAFICA caption = "Click to interact with graph"]

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