
The current rates for investment in dollars available in Costa Rica represent attractive options- which are scarce right now, compared to the international markets.
From a report by Aldesa on its blog Pulso Bursátil:
Interest rates internationally in dollars are still at historic lows and the market consensus suggests that this Thursday, the U.S. Federal Reserve will accompany the statements from its meeting of the Open Market Committee with an announcement of a new monetary stimulus.
Will interest rates in dollars remain low?
Although it is not certain, large banks such as JP Morgan, Goldman Sachs, Barclays and Deutsche Bank, are believed to be announcing a third round of asset purchases, which will be between $300 and $500 billion and will focus on, but not be limited to, the purchase of mortgage assets.
In addition to this new round of asset purchases, which means nothing more than billions of dollars being injected into the financial system, some analysts believe that the Fed will change the phrase in which it guarantees exceptionally low interest rates until the end of 2014, to “until the end of 2015”.
Interest rates internationally in dollars will support more downward pressure and that makes the current rates available for investments in that currency in our country attractive and scarce options, even after discounting the lower amount of liquidity compared to the international markets.
Source: Pulsobursatil.com




