Costa Rica: Rise in Interest Rates

After last week's decline, the passive base rate rose from 4.50% to 4.55% and the effective rate in Dollars went from 2.03% to 2.19%.

Wednesday, February 15, 2017

Interest rates Costa Rica Al March 27th, 2019  

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<span dir="ltr">The Central Bank of Costa Rica issued, on Wednesday afternoon, February 15, news that after a decline last week, the passive base rate rose and will remain at 4.55% until Wednesday 22 February. Click to interact with graphicsClick to interact with graphics

The basic passive 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 the Effective Rate in Dollars (TED) rose and will remain at 2.19% for the next 7 days. (see chart).



More on this topic

Costa Rica: Effective Dollar Rate Goes Up

May 2017

For the second consecutive week the Effective Rate in Dollars has risen, this time to 2.19%, while the Passive Base Rate remains at the same level as two weeks ago, 4.55%.

On the afternoon of Wednesday, May 17, the Central Bank of Costa Rica reported that the Effective Rate in Dollars (TED), will rise by 0.03% as it did in the previous week and will remain at 2.19% for the next 7 days. [GRAFICA caption="Clic para interactuar con la gráfica"]

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: Slight Rise in Interest Rates in Colones

February 2017

The passive base rate rose from 4.55% to 4.60%, while the effective tax rate in dollars remains at 2.19%.

The Central Bank of Costa Rica released on the afternoon of Wednesday, February 22 news that the passive base rate rose for a second straight week and will remain at 4.60% until Wednesday, March 1. [GRAFICA caption = "Click to interact with graphics"]

Costa Rica: Interest Rates Continue to Rise

February 2017

The passive base rate rose from 4.55% to 4.60%, while the effective rate in dollars rose from 2.14% to 2.24%.

The Central Bank of Costa Rica released on the afternoon of Wednesday, February 1, news that the passive base rate rose for a second straight week and will remain at 4.60% until Wednesday, February 8. [GRAFICA caption = "Click to interact with graphics"]

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