Interest Rates Fall in Costa Rica

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%.

Wednesday, August 9, 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, 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%. Click to interact with graphicsClick to interact with graphics

The passive base rate is an average of the deposit rates in colones given by financial institutions for maturities of 150-210 days.  

The Central Bank also reported that after a rise in the previous week, the Effective Rate in Dollars (TED) fell by 0.03% and will stand at 2.16% for the next 7 days. (See chart).

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More on this topic

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 5.8%

September 2017

The Passive Base Rate fell from 5.85% to 5.80%, while the Effective Rate in dollars remains at 1.99%.

The Central Bank of Costa Rica published, on the afternoon of Wednesday, September 20, news that the Passive Base Rate fell by 0.05%, and the level at which it will remain until next Wednesday, August 27, is 5.80%. [GRAFICA caption = "Click to interact with graphics"]

Costa Rica: Passive Base Rate Rises to 5.90%

August 2017

The Basic Passive Rate rose from 5.85% to 5.90%, while the Effective Rate in dollars decreased from 2.14% to 2.13%.

The Central Bank of Costa Rica published on the afternoon of Wednesday August 23 news that the Basic Passive Rate rose by 0.05%, and the level at which it will remain until next Wednesday August 30 is 5.90%. [GRAFICA caption = "Click to interact with graphics"]

Costa Rica: Interest Rates Fall Again

August 2017

For the second consecutive week, the Passive Base Rate fell to 5.85%, while the Effective Rate in Dollars fell to 2.14%.

After falling to 5.90% the previous week, the Central Bank of Costa Rica published on the afternoon of Wednesday, August 16, news that the Passive Base Rate fell by 0.05%, and the level at which it will remain until next Wednesday 23 of August is 5.85%. [GRAFICA caption = "Click to interact with graphics"]

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