Passive Base Rate Reaches 6.10%

In Costa Rica for the third consecutive week there were increases, the Passive Base Rate reached 6.10% and the Effective Rate in Dollars 2.31%.

Wednesday, January 24, 2018

Interest rates Costa Rica Al October 3rd, 2018  

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The Central Bank of Costa Rica published on the afternoon of Wednesday, January 24, news that for a third consecutive week there has been an increase in the Passive Base Rate, and the level at which it will remain until next Wednesday, January 31, is 6.10%.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 for a third consecutive week the Effective Rate in Dollars (TED) increased, this time by 0.04% and will stand at 2.31% for the next 7 days. (See graph).

More on this topic

Costa Rica: Effective Rate in Dollars Increases to 2.46%

October 2018

The Effective Rate in Dollars increased from 2.33% to 2.46%, while the Passive Basic Rate remained at 5.80% for the second consecutive week.

On Wednesday afternoon, October 31st, the Central Bank of Costa Rica published that after the 0.05% increase of two weeks ago, the Basic Passive Rate did not change and will remain at 5.80% until next Wednesday, November 7th. [GRAFICA caption="Click to interact with the graph"]

Costa Rica: Effective Rate in Dollars Rises to 2.33%

January 2018

The Effective Rate in Dollars has risen from 2.31% to 2.33%, while the Passive Base Rate fell from 6.10 to 6.05%.

The Central Bank of Costa Rica published on the afternoon of Wednesday, January 31, news that after increases in the previous weeks, the Passive Base Rate registered a reduction, and will remain at 6.05% until next Wednesday, February 7. [GRAFICA caption = "Click to interact with graph"]

Interest Rates Continue to Rise

January 2018

In Costa Rica there have been increases for a second consecutive week, the Passive Base Rate reached 6.05% and the Effective Rate in Dollars 2.27%.

The Central Bank of Costa Rica published on the afternoon of Wednesday, January 17, news that for a third consecutive week there has been an increase in the Passive Base Rate, and the level at which it will remain until next Wednesday, January 24, is 6.05%. [GRAFICA caption = "Click to interact with graph"]

Costa Rica: Passive Base Rate Reaches 5.95%

December 2017

The Passive Base Rate went up from 5.90% to 5.95%, while the Effective Rate in Dollars went down from 2.18% to 2.14%.

The Central Bank of Costa Rica published on the afternoon of Wednesday December 20, news that for the second consecutive week the Passive Base Rate went up, this week by 0.05%, and the level at which it will remain until next Wednesday, December 27 is 5.95% [GRAFICA caption = "Click to interact with graph"]

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