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Interest Rates Rise in Costa Rica

The Passive Base Rate went up from 5.75% to 5.9%, while the Effective Rate in Dollars rose from 2.23% to 2.32%.

Thursday, September 27, 2018

Interest rates Costa Rica Al March 27th, 2019

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The Central Bank of Costa Rica published on Wednesday, news that after recording a decline last week, the Passive Base Rate rose by 0.15%, and the level at which it will remain until next Wednesday, October 4 is 5.90 %. Click to interact with graphsClick to interact with graphs

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

The Central Bank also reported that after the decrease last week, the Effective Rate in Dollars (TED) rose 0.9% and will stand at 2.32% for the following 7 days. (See graph).