Costa Rica: Rise in Rates in Dollars

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%.

Thursday, March 8, 2018

Interest rates Costa Rica Al March 27th, 2019  

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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.Click to interact with graphClick to interact with graph

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 the Effective Dollar Rate (TED) rose for a second consecutive week and will stand at 2.33% for the next 7 days. (See graph).

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More on this topic

Costa Rica: Effective Rate in Dollars Increases to 2.46%

October 2018

The Effective Rate in Dollars increased from 2.33% to 2.46%, while the Passive Basic Rate remained at 5.80% for the second consecutive week.

On Wednesday afternoon, October 31st, the Central Bank of Costa Rica published that after the 0.05% increase of two weeks ago, the Basic Passive Rate did not change and will remain at 5.80% until next Wednesday, November 7th. [GRAFICA caption="Click to interact with the graph"]

Costa Rica: Slight Drop in Interest Rates

February 2018

The Passive Base Rate fell from 6.05% to 6%, while the Effective Rate in Dollars also fell, from 2.33% to 2.23%.

On the afternoon of Wednesday, February 7, the Central Bank of Costa Rica published news that for a second consecutive week, the Passive Base Rate fell back to the level recorded 4 weeks ago, and will remain at 6% until Wednesday, February 14. [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"]

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