Monday 17 May 2021

Costa Rica Base Rate Drops to 7.20%

The statues at the front of the Banco Central building in downtown San José
The statues at the front of the Banco Central building in downtown San José

QCOSTARICA – After having stood at 7.25% last week, the passive base rate has returned to 7.20%, a level at which it will remain at until at least January 21.

The Banco Central de Costa Rica (BCCR) – Costa Rica’s Central Bank, reported that the basic borrowing rate, an indicator of the average interest rates given on savings by financial institutions for maturities of 150-210 days, will be 7.20%, at least until January 21 2015.

- Advertisement -

The benchmark interest rate on loans and investments decreased by 0.05% compared to the level at which it stood a week ago.

The Central Bank reviews the rate every Wednesday, taking effect on the following day’s start of business.

 

- 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

11,773 older adults rejected the covid-19 vaccine; another 441 missed the second dose

QCOSTARICA - A total of 11,773 older adults (defined here as...

Guide to the COVID Travel Restrictions for Central America

QCOSTARICA - A country-by-country guide to the current Covid travel restrictions...

MOST READ

Today’s Covid news: We are almost a death every hour

QCOSTARICA - The last seven days (May to May 11) have been bitterly deadly for the country, with 146 people dying from covid-19. According to...

Protesters tried to block roads, but Police prevented closures

QCOSTARICA - Small groups of protesters tried to block several routes in the country on Monday, but the Fuerza Publica (National Police) managed to...

Coronavirus digest: choice to get ‘vaccinated or infected’

The German health minister, Jens Spahn, said that despite falling daily cases of the COVID-19 in Germany, caution is still needed. "Everyone will experience this virus," Spahn...

Three thousand hospitalized by the end of May, UCR projects

QCOSTARICA - On Monday, the Ministry of Health reported 1,280 people in hospital with covid-19, of which 466 of them in an ICU, aged...

Costa Rica receives the largest shipments of vaccine in one week: 212,820 doses

QCOSTARICA - The landing of two separate and independent shipments of covid-19 vaccines this week, one from Pfizer and the other from Astra Zeneca,...

Why Colombian protesters are taking to the streets

QCOLOMBIA – For the past two weeks, mass protests that started on April 28, have rocked Colombia, leaving at least 42 people dead and hundreds...

New restrictions outrage hospital staff while business applauds “balance”

QCOSTARICA - The measures announced by the Government to reduce COVID-19 infections and hospital saturation unleashed a wave of reproaches, from one sector, and...

Travel agencies estimate 10,000 Costa Ricans who will travel to the United Stares to be vaccinated

QCOSTARICA - The demand of Costa Ricans to go to get vaccinated against covid-19 in the United States increased strongly from Semana Santa, so...

Who are the richest entrepreneurs in the region?

QCOSTARICA - 2020 was marked as a complex year worldwide due to the Covid-19 pandemic, however, the following are entrepreneurs who were not only...

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.