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



Al May 16th, 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

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: 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: 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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