Wednesday 16 June 2021
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Costa Rica Rising Interest Rates

The Basic Passive Rate (Tasa Básica Pasiva -  TBP) rose from 5.50% to 5.60%, while the Effective Rate in Dollars (Tasa Efectiva Dólares - TED) also rose, in this case from 2.33% to 2.39%. The Banco Central de Costa Rica (BCCR) -  Central Bank -...

Costa Rica Lowers Interest Rates

The Basic Passive Rate decreased from 5.65% to 5.50%, while the Effective Rate in Dollars also decreased, from 2.52% to 2.33%. The Banco Central de Costa Rica (Central Bank) published on Thursday the rates that will be in effect for the coming week. The Basic Passive...

Effective Rate in Dollars Keeps Rising

While the Tasa Básica Pasiva (Basic Passive Rate) remained at 5.65% for the second week, the Effective Rate in Dollars reported a new increase, in this case from 2.49% to 2.52%. The Banco Central (Central Bank of Costa Rica) said Thursday published the new Basic...

Basic Passive Rate Reaches 2015 Levels

Because savers in Costa Rica have moved their money to longer terms, to avoid an increase in income tax, the Basic Passive Rate rose to 6.65%, a level not recorded since August 2015. According to data published by the Banco Central de Costa Rica (BCCR)...

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