Sunday, 20 September 2020

Basic Passive Rate Falls to 5.55%

In Costa Rica, the Basic Passive Rate fell to 5.55%, a level not reported since May 2016, and the Effective Rate in Dollars fell from 2.42% to 2.37%.

The Banco Central de Costa Rica (Central Bank) published on October 16, 2019, that after not having reported movements the previous week, the Basic Passive Rate registered a new negative variation and will remain at 5.55% until October 23.

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

- paying the bills -

The Central Bank also reported that after the Effective Rate in Dollars (TED) reported a 0.06% increase last week, it registered a drop and will be at 2.37% over the next 7 days.

- paying the bills -
- paying the bills -
Rico
Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

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