The basic interest rate (Tasa básica pasiva) increased to 6.55%, a level that had not been recorded for four years, while the effective interest rate (Tasa efectiva dólares – TED) in U.S. dollars also increased, in this case to 3.14%.

According to data published by the Banco Central de Costa Rica (BCCR) – Central Bank – on Wednesday afternoon, June 26, the Tasa básica pasiva reports levels that did not reach since last September 30, 2015, and will remain at 6.55% until next July 3.

The new rates are posted on Thursdays.

The Tasa básica pasiva is an average of the rates in colones of the financial entities in terms of 150 to 210 days.