Monday 19 April 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 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...

Basic Passive Rate Keeps Rising

The Basic Passive Rate (Tasa Básica Pasiva in Spanish) keeps on rising, this week increased from 6.30% to 6.35%, while the Effective Rate in Dollars (Tasa efectiva dólares) decreased from 2.99% to 2.92%. The Banco Central de Costa Rica (BCCR) - Central Bank - publishes...

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