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NotiCen PDF file 1989 right arrow Nov

Nicaragua: Currency Devaluation, October Inflation

LADB Article ID: 071656
Category/Department: General
Date: Friday, November 24, 1989
By: Deborah Tyroler

Effective Nov. 17, the Nicaraguan cordoba was devalued for the 30th time this year. The exchange rate was established at 28,600 per US dollar, representing a 4% devaluation. Consumer price inflation for the month of October was 10.2%. (Basic dat...

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