PDF download

NotiCen PDF file 1989 right arrow Jun

Nicaragua: 14.4% Currency Devaluation

LADB Article ID: 072687
Category/Department: General
Date: Wednesday, June 7, 1989
By: Deborah Tyroler

On June 6, the Nicaraguan government devalued the cordoba by 14.4%, or from 8,300 to 9,500 cordobas per dollar. The official exchange rate is used almost exclusively in external trade. The parallel market rate changed from 9,500 to 15,500 cordob...

This is only an abstract of the requested article. To obtain the full text, please purchase a subscription or inquire with your institution as to its subscription to LADB.