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The Central Bank of Costa Rica is in charge of setting interest rates in the country. The official interest rate is referred to as the monetary policy rate. The interest rate imposed on overnight loans between financial intermediaries, which is the monetary policy rate, is decided in the money market as a result of the interaction between demand for and supply of overnight funds.

A higher than expected figure should be seen as positive (bullish) for the CRC while a lower than expected figure should be seen as negative (bearish) for the CRC.

Category:  Interest Rate
Units:  Percent
Impact: Low
Currency: CRC
Latest Release
Previous: 6.5%
Consensus: 6%
Actual: 6.25%
Next Release
Date: Dec 20, 00:00
Time left: 20 days
Consensus: 6%