Costa Rica: Passive Base Rate Rises to 10.25%After remaining between 9.5% and 10% over the past 45 days, the Passive Base Rate has resumed its upward path, reaching its highest level this year.Thursday, July 26, 2012
With this increase the rate reaches a level not attained since October 2009. Source: Nacion.com Basic Interest Rate Reaches 8.5% in Costa RicaJanuary 2012 From today the basic passive rate (TBP in Spanish) rose half a percentage point to settle at 8.5%, a level not seen since May 2010. Costa Rica: Basic Rate at 11.5%January 2009 The half point drop effective from today, is the first for the year after two consecutive increases. Basic rate in Costa Rica increases to 11.50%December 2008 As of today, the basic passive rate will go up by 0.50 points to 11.50%, its highest since November 2006. Basic rate goes up to 11% in Costa RicaOctober 2008 The passive basic rate goes up, starting today, by one percentage point, from 10% to 11%, the Central Bank reported today.
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