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NotiCen PDF file 1989 right arrow Sep

Nicaraguan Cordoba Devalued 3.18%

ISSN:1089-1560
LADB Article ID: 072015
Category/Department: General
Date: Wednesday, September 27, 1989
By: Deborah Tyroler

On Sept. 22, the Nicaraguan government devalued the cordoba by 3.18% relative to the US dollar. As of Friday, the official exchange rate was 22,700 cordobas per dollar. In the government-controlled parallel market, the dollar was going for 25,00...

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