Costa Rica: Interest Rates up to August 24

The passive base rate in colones rose from 4.90% to 5%, while the effective tax rate in dollars increased from 1.91% to 2.04%, where it will remain until August 31.

Thursday, August 25, 2016

Interest rates Costa Rica Al March 27th, 2019  

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The Central Bank of Costa Rica (BCCR) released on Wednesday afternoon on August 24 news that the passive base rate will stand at 5.00% until at least Wednesday August 31.

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 be located at 2.04%.

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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: Lending Rates Fall

March 2017

For the second consecutive week the passive base rate has dropped, going from 4.55% to 4.50%, and the effective rate in dollars fell from 2.19% to 2.17%.

The Central Bank of Costa Rica issued on Wednesday afternoon, March 15, news that the decline in the passive base rate has been extended for a second week after falling 0.05%, and it will remain at the current level of 4.50% until Wednesday March 22. [GRAFICA caption = "Click to interact with graphics"]

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: Effective Dollar Rate Goes Up

March 2017

The effective rate in dollars rose from 2.19% to 2.28%, while the passive base rate remained at 4.60%.

The Central Bank of Costa Rica issued on Wednesday afternoon, March 1, news that for the second consecutive week the borrowing rate has remained unchanged, and will remain at 4.60% until Wednesday March 8. [GRAFICA caption = "Click to interact with graphics"]

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