The Basic Passive Rate went up from 5.65% to 5.70%, while the Effective Rate in Dollars also increased, in this case from 2.43% to 2.48%.
The Central Bank of Costa Rica published on Wednesday afternoon, September 25, that after registering a decrease the previous week, the Basic Passive Rate increased by 0.05%, and will remain at 5.70% until next Wednesday October 2.
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.
The Basic Deposit Rate increased from 5.7% to 5.75%, while the Effective Rate in Dollars reported a new decrease, in this case from 2.47% to 2.39%.
The Central Bank of Costa Rica published on Wednesday afternoon September 11 that after registering a decrease the previous week, the Basic Passive Rate rose by 0.05%, and will remain at 5.75% until next September 18.
After the exchange rate closed on August 23 at ₡565,88 per dollar in the wholesale market MONEX, an upward trend has been reported since then, reaching ₡581,33 per dollar on September 5, which could be the result of a lower participation of the Central Bank in the exchange market.
Official figures from the Central Bank of Costa Rica (BCCR) report that between early February and mid-August of this year, there has been a fall of up to 48 colones per dollar, when reporting a drop in the average rate in the wholesale market Monex from ₡613,87 to ₡565,88.
In Costa Rica, the Basic Passive Rate declined again, this time from 5.85% to 5.7%, while the Effective Rate in Dollars also fell, in this case from 2.56% to 2.47%.
The Central Bank of Costa Rica published on Wednesday afternoon September 4 that after the rise reported last week, the Basic Passive Rate registered a new negative variation and will remain at 5.70% until next September 11.
In the first seven months of the year, trading volume totaled $6,548 million, 20% lower than the same period in 2018.
From the Central Bank of Nicaragua report:
According to published statistics, in July there were lower pressures in the exchange market, which led to lower volumes of purchases and sales of foreign exchange, observing a reduction in the exchange gap when compared to those recorded in the same month last year.
The Basic Passive Rate increased from 5.7% to 5.85%, while the Effective Rate in Dollars also rose from 2.38% to 2.56%.
The Central Bank of Costa Rica published the afternoon of Wednesday July 24 that after registering a decrease the previous week, the Basic Passive Rate rose by 0.15%, and will remain at 5.85% until next Wednesday, September 4.
The basic passive rate is an average of the collection rates in colones of financial institutions with terms of 150 to 210 days.
In Costa Rica, the Basic Passive Rate fell again, this time from 5.8% to 5.7%, while the Effective Rate in Dollars also fell, in this case from 2.54% to 2.38%.
The Central Bank of Costa Rica published on Wednesday afternoon August 21 that after it remained unchanged the previous week, the Basic Passive Rate registered a negative variation and will remain at 5.70% until next August 28.
In Costa Rica, the exchange rate closed on Tuesday, August 20th at 565.88 colones per dollar in the wholesale market MONEX, its lowest level since late May last year.
The exchange rate for this Tuesday closed at ₡565.88 in MONEX, its lowest level since late May last year. The current level implies an appreciation of the national currency against the dollar of 7.2% so far this year and -0.6% in the comparison of 12 months.
In Costa Rica, the Effective Rate in Dollars increased from 2.43% to 2.54%, while the Basic Passive Rate remained unchanged.
The Central Bank of Costa Rica published on Wednesday afternoon August 14 that after the decrease of two weeks ago, the Basic Passive Rate did not change and will remain at 5.80% until next August 21.
The basic passive rate is an average of the collection rates in colones of financial institutions with terms of 150 to 210 days.
In Costa Rica, the Effective Rate in Dollars fell again, this time from 2.51% to 2.43%, while the Basic Passive Rate also fell, in this case from 5.90% to 5.80%.
The Central Bank of Costa Rica published on Wednesday afternoon, August 7, that after having registered increases in previous weeks, the Basic Passive Rate registered a negative variation and will remain at 5.80% until next August 14. [GRAFICA caption="Click to interact with graphic"]
In Costa Rica, the Effective Rate in Dollars fell from 2.70% to 2.51%, while the Basic Passive Rate also fell, in this case from 6.10% to 5.90%.
The Central Bank of Costa Rica published on Wednesday afternoon August 31 that after a week of rising, the Basic Passive Rate registered a negative variation and will remain at 5.90% until next August 7.
The basic passive rate is an average of the collection rates in colones of financial institutions with a 150 to 210-day term.
In Costa Rica, it is expected that the downward trend that has been showing the exchange rate since February will intensify in the coming months, when the $3.580 million begins to enter as a result of the issuance of Eurobonds and loans granted by external entities.
According to data from the Central Bank of Costa Rica (BCCR), between the beginning of February and July 30 of this year, there has been a fall of up to 44 colones per dollar, reporting a drop in the average rate in the wholesale market Monex from ¢613.87 to ¢570.13.
Although Guatemala and the U.S. have already signed an agreement on migration issues, the exchange rate reported a slight increase and the upward trend is expected to continue over the next few days.
President Trump's warning to Guatemala to impose export tariffs and taxes on remittances and transfers had a direct impact on the exchange market.
Data from the Banco de Guatemala indicate that between July 23 and 29 the price of the Quetzal with respect to the US dollar increased from Q7.64 to Q7.68, which according to the authorities is explained by the uncertainty generated by the possible sanctions against the country.
The Basic Passive Rate rose from 6% to 6.10%, while the Effective Rate in Dollars also increased from 2.64% to 2.70%.
The Central Bank of Costa Rica published on Wednesday afternoon July 24 that after registering a decrease the previous week, the Basic Passive Rate increased by 0.20%, and will remain at 6.10% until next Wednesday July 31. [GRAFICA caption="Click to interact with graphic”]