Effective Rate in Dollars Goes Down to 2.27%The Basic Passive Rate remained at 5.55%, while the Effective Rate in Dollars reported a decrease, from 2.43% to 2.27%.Wednesday, December 11, 2019
The Central Bank of Costa Rica published on Wednesday afternoon December 11 that after recording an increase the previous week, the Basic Passive Rate did not change for the next few days and will remain at 5.55% until next December 18. Do you need information about the financial sector?Request more information: Need assistance? Contact us
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Interest Rates Go UpDecember 2019 The Basic Passive Rate rose from 5.55% to 5.70%, while the Effective Rate in Dollars also rose, in this case from 2.27% to 2.47%. Effective Rate in Dollars Keeps RisingOctober 2019 While the Basic Passive Rate remained at 5.65% for the second week, the Effective Rate in Dollars reported a new increase, in this case from 2.49% to 2.52%. Effective Rate in Dollars Increases to 2.54%August 2019 In Costa Rica, the Effective Rate in Dollars increased from 2.43% to 2.54%, while the Basic Passive Rate remained unchanged. Lower Interest Rates in Costa RicaMarch 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%.
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