Costa Rica Interest Rate Cut to 3.00%, First Since 2025
Costa Rica Central America Costa Rica Interest Rate Cut to 3.00%, First Since 2025 By Mateo Cruz · July 24, 2026 · 5 min read Daily Brief The morning intel from across Latin America. The Central Bank of Costa Rica (BCCR) reduced its benchmark Costa Rica interest rate by 25 basis points to 3.00% on July 18, 2026, the first cut in seven months, responding to negative inflation and a stable colón. The move ended a seven-month pause that had held the rate steady since late 2025.
- ▪Costa Rica Central America Costa Rica Interest Rate Cut to 3.00%, First Since 2025 By Mateo Cruz · July 24, 2026 · 5 min read Daily Brief The morning intel from across Latin America.
- ▪The Central Bank of Costa Rica (BCCR) reduced its benchmark Costa Rica interest rate by 25 basis points to 3.00% on July 18, 2026, the first cut in seven months, responding to negative inflation and a stable colón.
- ▪The move ended a seven-month pause that had held the rate steady since late 2025.
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| Original publisher | The Rio Times |
| Canonical URL | https://www.riotimesonline.com/costa-rica-interest-rate-cut-to-3-00-first-since-2025/ |
| Publication time | Fri, 24 Jul 2026 09:45:21 +0000 |
| Retrieval time | 2026-07-24T09:47:36.617Z |
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Costa Rica Central America Costa Rica Interest Rate Cut to 3.00%, First Since 2025 By Mateo Cruz · July 24, 2026 · 5 min read Daily Brief The morning intel from across Latin America. Free. Subscribe By subscribing you agree to our privacy policy. We never share your email. Central America · Economy Key Facts —New Rate The BCCR cut the monetary policy rate to 3.00% from 3.25% on July 18, 2026. —Vote The decision by the Board of Directors was unanimous. —Inflation Year-on-year inflation was -0.22% at the end of the first half of 2026. —Inflation Target The BCCR’s target is 3.0%, with a tolerance band of ±1 percentage point. —Exchange Rate The reference rate was ₡450.38 buy / ₡456.42 sell per US dollar on July 5, 2026.
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