Continuing its upward trend, of the base rate has risen to 7.10%, and will be located at this level until at least September 3, 2014.
The upward pressure on interest rates in Costa Rica continues and a reflection of this is the increase of the base rate, rising from 7.05% to 7.10%.
This rate is calculated by the Central Bank of Costa Rica and is an indicator of the average uptake rates given by financial institutions on maturities of 150 to 210 days.
For the first time in a year and five months, the benchmark rate for loans and investments in the country has dipped to less than 7%.
The Central Bank of Costa Rica reported that the passive base rate, an indicator of the average uptake rates given by financial institutions on periods of between 150 and 210 days will be located at 7.05% at least until Wednesday 27 August.
The indicator used as a reference for credit and investments will stay at the rate of 6.95% at least until Wednesday August 20, 2014.
The Central Bank of Costa Rica has reported that the base rate will remain at 6.95% for another week. The indicator has fluctuated between 6.7% and 7% over the past five months.
The basic interest rate is an indicator of the average uptake rates of financial institutions on maturities of between 150 to 210 days.
For the second consecutive week the benchmark rate for loans and investments will be located at 7% and will remain at that level at least until August 6.
The Central Bank of Costa Rica has reported that the passive base rate will remain at 7% for another week, until Wednesday 6 August.
The rate is an indicator of the average uptake rates given by financial institutions for maturities of between 150 to 210 days.
The reference rate for investments and loans in the country dropped from 7% to 6.95% and will be located at that level until at least July 23.
The basic interest rate has gone down again to 6.95%, a level at which it stood for four consecutive weeks before rising to 7% last week.
The rate is calculated by the Central Bank of Costa Rica and is an average of the deposit rates given by financial institutions for savings with maturities of between 150 to 210 days.
After four weeks at 6.95%, the rate used as a reference for investments and loans will stand at least 7% until July 16th.
The Central Bank of Costa Rica reported that the passive base rate, an indicator of the average rates given by financial institutions for savings on periods of 150 to 210 days will stand at 7%, at least until July 16, 2014.
The rate has been showing a clear upward trend since February.
The benchmark interest rate for loans and investments in the country will stand at 6.95% until at least Wednesday July 2.
For the third consecutive week the basic passive rate, an indicator of the average interest rates given financial institutions for savings on periods from 150 to 210 days, will be located at 6.95% until at least Wednesday July 2.
The benchmark for interests rate for loans and investments in the country will stand at 6.95% until at least Wednesday June 25.
The passive base rate indicator, which is calculated by the Central Bank reflects the average rates given for deposits by financial institutions on fixed terms of 150-210 days, will stay for one more week at the level of 6.95%.
The primary reference rate for loans and investments in the country went up by 5 basis points to 6.95% and will be located at this level at least until 18 June.
For the third consecutive week the passive base rate has risen, this is the indicator calculated by the Central Bank from the average deposits rate at financial institutions for maturities of between 150 to 210 days.
The reference rate for loans and investments in the country will stand at 6.85% until at least June 4.
The Central Bank of Costa Rica reported that the passive base rate, an indicator of the average rates given by financial institutions on savings for periods of between 150 to 210 days, has gone up up from 6.75% to 6.85% and will stay at this level at least until June 4.
The primary reference rates for loans and investments in the country now stands at 6.75% at least until May 21.
The Central Bank of Costa Rica reported that the passive base rate, an indicator of the average uptake rates at financial institutions on periods from 150 to 210 days will be located at least 6.75% until 21 May.
This means the reference rate has fallen by 0.05% compared to the level it was at a week ago.
The main reference for loans and investments in the country rose by 0.10%, after staying at 6.70% for four consecutive weeks.
The Central Bank of Costa Rica reported that the passive base rate, an indicator of the average uptake rates given by financial institutions on savings with maturities of 150 to 210 days, will stand at 6.80% at least until 14 May.
The Central Bank of Costa Rica has suggested creating a benchmark rate for dollars, similar to passive base rate applied to the local currency, the Colón.
With the proposal, the Central Bank aims to "reflect the cost faced by financial intermediaries in the country of having funds in dollars," taking into account references for interest rates where entities are funded abroad and other external factors.