Interest rates Costa Rica Al March 27th, 2019  

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After rising to 4.65% the previous week, the Central Bank of Costa Rica published, on the afternoon of Wednesday June 7, news that the passive base rate rose by 0.15%, and the level at which it will remain until next Wednesday 14 of June is 4.80%.Clic para interactuar con la gráficaClic para interactuar con la gráfica

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 staying at 2.18% for 2 weeks the Effective Dollar Rate (TED by its initials in Spanish) fell by 0.03% and will stand at 2.15% for the next 7 days. (See chart).  

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More on this topic

Interest Rates Go Down

April 2019

The Basic Passive Rate decreased from 6.20% to 6.05%, while the Effective Rate in Dollars also decreased, from 2.88% to 2.69%.

The Central Bank of Costa Rica published on Wednesday afternoon April 17 that after recording an increase the previous week, the Basic Passive Rate fell by 0.15%, and will remain at 6.05% until next Wednesday April 24.

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"]

Interest Rates Drop in Costa Rica

September 2017

The Passive Base Rate fell from 5.95% to 5.75%, while the Effective Rate in Dollars also decreased, going from 2.21% to 2.07%.

The Central Bank of Costa Rica published on the afternoon of Wednesday, September 6, news that after a rise last week, the Passive Base Rate registered a reduction, and will remain at 5.75% until next Wednesday, September 13. [GRAPHIC caption = "Click to interact with the graph"]

Interest Rates Fall in Costa Rica

August 2017

The Passive Base Rate fell from 5.95% to 5.90%, while the Effective Rate in Dollars also fell from 2.19% to 2.16%.

The Central Bank of Costa Rica published on the afternoon of Wednesday, August 9, news that the Passive Base Rate fell, and the level at which it will remain until next Wednesday, August 16, is 5.90%. [GRAFICA caption = "Click to interact with graphics"]