Central Bank maintains its Monetary Policy Rate at 4%
1 Articles
1 Articles
Central Bank maintains its Monetary Policy Rate at 4%
The Central Bank of Costa Rica (BCCR) agreed on Thursday, April 10, to maintain its Monetary Policy Rate (MPR) at 4%, the same level it has since October last year.The PMT is the tool that the Central Bank has to guide inflation towards the goal.This indicator influences the rest of the market rates, both active and passive.That is, it dictates how expensive or cheap loans are and how much institutions pay for deposits.Inflation in Costa Rica ha…
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