The benchmark interest rate for loans and investments in the country has moved up to 6.5% and will stay at that level until at least the 19th of March.
The Central Bank of Costa Rica announced that as of Thursday, March 13th and until at least the 19th of the month, the passive base rate will be located at 6.50%.
The reference rate for loans and investments will be located at 6.45% until at least Thursday 13 March.
The Central Bank of Costa Rica has announced that starting this June and at least until 13 March, the passive base rate will stand at 6.45%, the lowest level since July 2008.
The main benchmark for loans will be located at 6.50% at least until March 5.
The Central Bank of Costa Rica announced that for the third consecutive week and at least until March 5th, the Passive Base Rate (TBP by its initials in Spanish) will stand at 6.50%.
The main reference for interest rates on loans in Costa Rica will be set at 6.50% until at least 19 February.
The Central Bank of Costa Rica announced that at least until February 19 the passive base rate will be 6.50%, 0.05% less than the previous week when it stood at 6.55%.
The Central Bank of Costa Rica reported that the main benchmark for loans will remain at that level until at least January 15.
Elfinancierocr.com reports: "The information represents an increase of 0.05 percentage points from its last recorded level, because the indicator started the year at a rate of 6.50%."
From November 28 until December 4 the base rate will go from 6.60% to 6.55%.
Elfinancierocr.com reported that "it was on 25 July when the rate reached its present level (6.55%) for the first time so far this year. Since then, the rate has remained fluctuating between 6.60% and 6.50%. "
"The passive base rate is used as a guide for most loans in colones granted by financial institutions and is calculated based on the weighted performance rates of private and public banks and other financial intermediaries."
The Central Bank reports that, as of this November 14 and at least until 20 the TBP will drop from 6.60% to 6.55%.
Elfinancierocr.com reports: "The rate has been fluctuating between this percentage (6.60%) and the one reached on Wednesday (6.55%), since 12 October this year."
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