The main reference rate for loans and investments in the country dropped from 7.10% to 7.05% and will remain at that level at least until next May 13.
According to reports from the Central Bank of Costa Rica, after staying for three weeks at 7.10%, the passive base rate dropped 0.05% and will stand at 7.05% for at least a week.
The base interest rate is an indicator calculated by the central bank using the average uptake rates given by financial institutions on maturities of 150-210 days.
For the third consecutive week the main reference rate for loans and investments in the country will remain at 7.10% at least until May 6.
The Central Bank of Costa Rica has announced that the passive base rate will stay at 7.10% for another week.
The base interest rate is an indicator calculated by the central bank using the average uptake rates given by financial institutions on maturities of 150-210 days.
The main reference rate for loans and investments in the country will remain at 7.10% at least until April 29.
According to the Central Bank of Costa Rica, the passive base rate will remain at 7.10%, for at least another week. This is the second consecutive week in which the main benchmark rate has stayed at that level.
The base interest rate is an indicator calculated by the central bank using the average uptake rates given by financial institutions on maturities of 150-210 days.
After dropping 0.05%, the main benchmark for loans and investments in the country has risen to 7.10% and will remain at that level at least until April 22.
The Central Bank of Costa Rica reported that the basic borrowing rate rose by 0.05% and will stand at 7.10% for at least a week.
The base interest rate is an indicator calculated by the central bank using the average uptake rates given by financial institutions on maturities of 150-210 days.
The main benchmark for loans and investments in the country will drop to 7.05% and remain at that level at least until April 15.
According to reports from the Central Bank of Costa Rica the passive base rate will drop to 7.05%, after having remained for three consecutive weeks at 7.10%.
The base interest rate is an indicator calculated by the central bank using the average uptake rates given by financial institutions on maturities of 150-210 days.
The main reference rate for loans and investments in the country will remain at 7.10% for the second consecutive week.
According to the Central Bank of Costa Rica, the basic passive rate will remain at 7.10%, at least until April 1, 2015.
The base interest rate is an indicator calculated by the central bank using the average uptake rates given by financial institutions on maturities of 150-210 days.
The main reference rate for loans and investments in the country will remain at 7.15% for the fifth consecutive week, until at least March 18.
According to the Central Bank of Costa Rica, the passive base rate will remain at 7.15%, for at least another week. This is the fifth week in which the main reference rate has not varied.
The passive base rate is an indicator calculated by the Central Bank made up of for the average deposit interest rates given by financial institutions for maturities of 150-210 days.
For the fourth consecutive week the basic borrowing rate will remain at 7.15% until at least March 11.
The main reference rate for loans and investments in the country will remain at 7.15% for a week, according to reports from the Central Bank of Costa Rica.
The base interest rate is an indicator calculated by the central bank using the average uptake rates given by financial institutions on maturities of 150-210 days.
For the third consecutive week the main reference rate for loans and investments in the country will remain at 7.15%, at least until March 4.
According to reports from the Central Bank of Costa Rica, the passive base rate will remain at 7.15%, at least until next March 4, 2015.
The base interest rate is an indicator calculated by the central bank using the average uptake rates given by financial institutions on maturities of 150-210 days.
A proposal has been made to amend the methodology for calculating the passive base rate in colones and the creation of a new effective rate in dollars, which will be the national reference for savings rates in foreign currency.
The board of the Central Bank of Costa Rica (BCCR) has placed under public consultation a proposed amendment to the way in which the basic passive rate is calculated, which is intended to include all operations within the financial system and not just those the made for installments of between 150-210 days. Consultation will also be undertaken on the methodology for calculating a reference rate in dollars.
Economists anticipate stability in the first half and an increase towards the second half of the year, depending on how much delay there is in measures to reduce the fiscal deficit.
Taken from Pulsobusatil.com, a Blog by Aldesa :
The passive base rate started the year at 6.5% and on Wednesday the Central Bank of Costa Rica (BCCR) reported that for one more week it will remain at 7.2%; representing an increase of 70 basis points.