Costa Rica: Interest Rates up to June 2nd

The Effective Rate in Dollars is still 2.06%, while in the passive base rate in colones dropped from 5.40% to 5.35%, a level which it will remain until at least June 8.

Thursday, June 2, 2016

Al June 15th, 2016  

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After an increase last week, the Central Bank of Costa Rica (BCCR) made it known on Wednesday afternoon on June 1 that the passive base rate will stand at 5.35% until at least Wednesday June 8.

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  2.06%.

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More on this topic

Costa Rica: Changes in Interest Rates up to January 11

January 2017

The passive base rate rose from 4.35% to 4.55%, while the effective rate in dollars rose from 1.92% to 2.06%.

The Central Bank of Costa Rica issued on Wednesday afternoon, January 11, news that the passive base rate rose by 0.20% and will remain at 4.55% until Wednesday, January 18. [GRAFICA caption = "Click to interact with graphics"]

Costa Rica: Interest Rates up to 23 June

June 2016

The passive base rate in colones remains at 5.30%, while the effective tax rate in dollars rose from 1.95% to 2.05%, where it will remain until at least June 29.

After the descent of two weeks ago, the Central Bank of Costa Rica (BCCR) released on Wednesday afternoon on June 22 news that passive base rate will stay at 5.30% until Wednesday June 29 .

Costa Rica: Interest Rates up to June 16

June 2016

The passive base rate in colones remains at 5.30%, while the effective tax rate in dollars dropped from 2.01% to 1.95%, where it will remain until at least June 22.

After the descent of the previous week, the Central Bank of Costa Rica (BCCR) released on Wednesday afternoon, June 15, news that the passive base rate will stand at 5.30% until at least Wednesday June 22.

Costa Rica: Base Rate Down to 5.3%

June 2016

The main reference for loans and investments decreased from 5.35% to 5.30%, a level at which it will remain at least until June 15.

After the descent of the previous week, the Central Bank of Costa Rica (BCCR) released on Wednesday afternoon, June 8, news that the passive base rate will stand at 5.30% until at least Wednesday June 15.

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