Thursday 24 June 2021

Central Bank Rate Rises to 7.25%

COSTA RICA BUSINESS NEWS – The main reference bank rate for loans and investments increased from 7.20 to 7.25%, a level at which it will remain until at least November 19.

After having remained for three consecutive weeks at 7.20% and in line with expectations of rate increases identified by surveys on economic expectations, the bank rate increased by 0.05%.

The Banco Central (Central Bank) evaluates the rate weekly, every Thursday.

- Advertisement -

The base interest rate calculated by the Central Bank is an indicator of the average rates  by financial institutions with maturities of 150-210 days.

- Advertisement -

FACT CHECK:
We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

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.

Related Articles

The 20 Nicaraguans detained by the Ortega regime in 25 days

TODAY NICARAGUA – Despite international pressure and rejection, Nicaragua President Daniel...

Rodolfo Méndez rules out new contracts for MECO and H Solís

QCOSTARICA - No more soup for you! If the Minister of...

MOST READ

Today 50 years ago: Costa Rica and Panama entered into conflict over air routes

TODAY COSTA RICA - Original text published in La Nacion on June 23, 1971 - A conflict over air routes, has been unleashed between...

Rodolfo Méndez rules out new contracts for MECO and H Solís

QCOSTARICA - No more soup for you! If the Minister of Public Works and Transport (MOPT), Rodolfo Méndez, has his way, the H. Solís...

New tax exemptions would be the hook to attract high-tech and science companies

QCOSTARICA - Strengthen the attraction of Costa Rica to attract high-tech, innovative, and science companies to invest, is an initiative that stands out in...

Antivirus creator John McAfee found dead in Spanish prison cell

Q24N - You may not know John McAfee, of his eccentrics, but you are sure to have the name and may even have your...

Tourism sector depends on political will for recovery

QCOSTARICA - The future of tourism operators in Costa Rica depends on the political will to approve a package of bills that favors the...

The 20 Nicaraguans detained by the Ortega regime in 25 days

TODAY NICARAGUA – Despite international pressure and rejection, Nicaragua President Daniel Ortega continues to imprison Nicaraguans who criticize and question the way he is...

Pandemic reinforces the Costa Rica’s attractiveness as a global destination for wellness tourism

QCOSTARICA - The pandemic caused by Covid-19 fuels the strategy of positioning Costa Rica as a world destination to develop wellness tourism, since travelers...

Today’s Vehicle Restriction June 21: plates ending in 1 & 2 CANNOT circulate

Today, Monday, June 21, we are back to the two plates that cannot circulate, in today's case plates ending in 1 & 2 CANNOT...

Ortegs regime requests Russia’s armament and military preparation to face “threats of terrorism”

TODAY NICARAGUA – Russian Minister of Defense, Sergei Shoigú, revealed during the IX International Security Conference in Moscow that the Government of Nicaragua requested...

WANT TO STAY UP TO DATE WITH THE LATEST!

Get our daily newsletter with the latest posts directly in your mailbox. Click on the subscribe and fill out the form. It's that simple!

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.