Costa Rica: Interest Rates Up to November 30

The passive base rate fell back down to 4.55%, while the effective rate in dollars went down from 2.11% to 2.08%.

Wednesday, November 30, 2016

The Central Bank of Costa Rica issued on Wednesday afternoon, November 30, news that the passive base rate dropped to the same level it was at two weeks ago, meaning that the rate will remain at 4.55% until Wednesday 7 December.

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

The Central Bank also reported that the Effective Rate in Dollars (TED) will remain at 2.08% for the next 7 days. (See chart).

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More on this topic

Costa Rica: Effective Dollar Rate Goes Down

May 2017

The Effective Rate in Dollars is slightly lower and stands at 2.18%, while the Passive Base Rate remains the same as it did three weeks ago at 4.55%.

On the afternoon of Wednesday, May 24, the Central Bank of Costa Rica reported that the Effective Rate in Dollars (TED) will decrease by 0.01% and will remain at 2.18% for the next 7 days.   [GRAFICA caption="Clic para interactuar con la gráfica"]

Costa Rica: Effective Dollar Rate Goes Up

May 2017

For the second consecutive week the Effective Rate in Dollars has risen, this time to 2.19%, while the Passive Base Rate remains at the same level as two weeks ago, 4.55%.

On the afternoon of Wednesday, May 17, the Central Bank of Costa Rica reported that the Effective Rate in Dollars (TED), will rise by 0.03% as it did in the previous week and will remain at 2.19% for the next 7 days. [GRAFICA caption="Clic para interactuar con la gráfica"]

Lower Interest Rates in Costa Rica

March 2017

After two weeks without recording any changes, the passive base rate dropped from 4.60% to 4.55% and the effective rate in Dollars went from 2.28% to 2.19%.

The Central Bank of Costa Rica issued on Wednesday afternoon, March 8, news that after two weeks of remaining at 4.60%, the Passive Base Rate has fallen and will remain at 4.55% until Wednesday March 15. [GRAFICA caption = "Click to interact with graphics"]

Costa Rica: Interest Rates Up to November 17

November 2016

The passive base rate dropped from 4.55% to 4.50%, while the effective rate in dollars dropped from 2.00% to 1.93%.

The Central Bank of Costa Rica issued on Wednesday afternoon on November 16 news that the passive base rate went back down to 0.05%, meaning that the level a which it will remain until Wednesday November 23 is 4.50%.

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