Costa Rica: Passive Base Rate Continues to Fall

The main bank reference rate in Costa Rica, fell 0.20%, going from 5.55% to 5.35%, where it will remain until at least Wednesday May 11.

Thursday, May 5, 2016

Al June 15th, 2016  

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After the rise of the previous week, the Central Bank of Costa Rica (BCCR) revealed on Wednesday afternoon, May 4, that the passive base rate will stand 5.35% until at least May 11.
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The passive base rate is an average of the deposit rates given by financial institutions for maturities of 150-210 days.



More on this topic

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.

Costa Rica: Passive Base Rate Rises to 5.40%

May 2016

The main reference for loans and investments in the country rose from 5.35% to 5.40%, a level at which it will remain until at least May 18.

After the descent of the previous week, the Central Bank of Costa Rica (BCCR) published on Wednesday afternoon on May 11 that passive basic rate will stand at 5.40%.until next Wednesday May 18.

Costa Rica: Passive Base Rate Rises to 5.55%

April 2016

The main reference for loans and investments in the country rose from 5.50% to 5.55%, a level at which it will remain until at least May 4.

After the descent of the previous week, the Central Bank of Costa Rica (BCCR) published on Wednesday afternoon on April 27 that passive basic rate will stand at 5.55%.until next Wednesday May 4.

Passive Base Rate Drops to 5.5%

April 2016

The main reference rate for loans and investments in the country dropped from 5.55% to 5.50%, a level at which it will remain at least until 27 April.

The Central Bank of Costa Rica (BCCR) revealed on Wednesday afternoon that the rate will be in effect for the week of Thursday 21 to Wednesday 27 of April.

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