Costa Rica: Slight Drop in Interest Rates

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

Thursday, February 8, 2018

Interest rates Costa Rica Al March 27th, 2019  

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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. 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 Rate in Dollars (TED) fell and will stand at 2.23% for the next 7 days. (See graph).

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