Central Bank of Costa Rica Cuts Interest Rates Down to 7.5 Percent

Posted on 04/21/2023

On April 20, 2023, Banco Central de Costa Rica (Central Bank of Costa Rica) cut interest rates by 100 basis points to 7.5%. The central bank cuts interest rates by 50 basis points in March 2023. Between December 2021 and October 2022, the Central Bank of Costa Rica raised the policy rate from 0.75% to…

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