Interest Rates Drop in Costa Rica

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%.

Wednesday, September 6, 2017

Interest rates Costa Rica Al March 27th, 2019  

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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"]

The basic passive rate is an indicator of the average savings rates given by financial institutions on terms of 150 to 210 days.

The Central Bank also reported that the Effective Rate in Dollars (TED) fell by 0.14% and will stand at 2.07% for the next 7 days. (See chart).

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Effective Rate in U.S. Dollars Remains Low

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The Basic Deposit Rate increased from 5.7% to 5.75%, while the Effective Rate in Dollars reported a new decrease, in this case from 2.47% to 2.39%.

The Central Bank of Costa Rica published on Wednesday afternoon September 11 that after registering a decrease the previous week, the Basic Passive Rate rose by 0.05%, and will remain at 5.75% until next September 18.

Costa Rica: Interest Rates Fall

December 2017

The Passive Base Rate fell from 5.90% to 5.75%, while the Effective Rate in Dollars also fell, from 2.20% to 2.19%.

The Central Bank of Costa Rica published, on the afternoon of Wednesday, December 6, news that after remaining unchanged for two weeks, the Passive Base Rate registered a reduction, and will remain at 5.75% until Wednesday, December 13. [GRAFICA caption = "Click to interact with graphics"]

Costa Rica: Passive Base Rate Drops to 5.75%

October 2017

The Passive Base Rate fell from 5.80% to 5.75%, while the Effective Rate in dollars rose to 2.13%.

The Central Bank of Costa Rica published on the afternoon of Wednesday, October 18, news that the Passive Base Rate fell by 0.05%, and the level at which it will remain until next Wednesday, October 25 is 5.75%. [GRAFICA caption = "Click to interact with graphics"]

Costa Rica: Effective Dollar Rate Goes Down

September 2017

The Effective Rate in Dollars fell from 2.07% to 1.99%, while the Passive Base Rate rose from 5.75% to 5.85%.

The Central Bank of Costa Rica published on the afternoon of Wednesday, September 13, news that after the reduction of the previous week, the Passive Base Rate rose by 0.10%, and the level at which it will remain until next Wednesday, September 20 is 5.85%. [GRAFICA caption = "Click to interact with graphics"]