Basic Passive Rate Goes Down to 5.65%

The Basic Passive Rate decreased from 5.80% to 5.65%, while the Effective Rate in Dollars also decreased, from 2.46% to 2.34%.

Wednesday, November 7, 2018

Interest rates Costa Rica Al March 27th, 2019  

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The Central Bank of Costa Rica published on Wednesday afternoon November 7th that after not registering a change the previous week, the Basic Passive Rate fell 0.15%, and will be kept at 5.65% until next November 14th. Click to interact with graphicClick to interact with graphic

The basic passive rate is an average of the collection rates in colones of the financial entities in terms of 150 to 210 days.

The Central Bank also reported that after the Effective Rate in Dollars (TED) had risen for two consecutive weeks, this week it fell by 0.12% and will be at 2.34% for the next 7 days.

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Costa Rica: Low Interest Rates

November 2019

The Basic Passive Rate decreased from 5.65% to 5.50%, while the Effective Rate in Dollars also decreased, from 2.52% to 2.33%.

The Central Bank of Costa Rica published the afternoon of Wednesday November 6 that after not registering variations the previous week, the Basic Passive Rate fell by 0.15%, and will remain at 5.50% until next Wednesday November 13.

Effective Rate in Dollars Keeps Rising

October 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%.

The Central Bank of Costa Rica published on Wednesday afternoon October 30 that after recording an increase the previous week, the Basic Passive Rate will remain unchanged at 5.65% until next November 6.

Effective Rate in Dollars Goes Down to 2.36%

October 2019

The Basic Passive Rate decreased from 5.7% to 5.65%, while the Effective Rate in Dollars also reported a decrease, in this case from 2.48% to 2.36%.

The Central Bank of Costa Rica published on Wednesday afternoon October 2 that after recording an increase the previous week, the Basic Passive Rate fell by 0.05%, and will remain at 5.65% until next October 9.

Basic Passive Rate Goes Down to 5.65%

September 2019

In Costa Rica, the Basic Passive Rate fell to 5.65%, a level not reported since November 2018, and the Effective Rate in Dollars increased from 2.39% to 2.43%.

The Central Bank of Costa Rica published on Wednesday afternoon September 18 that after the rise reported the previous week, the Basic Passive Rate registered a new negative variation and will remain at 5.65% until next September 25.