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NotiCen PDF file 1990 right arrow May

Nicaragua: Cordoba Devalued 11.1%

LADB Article ID: 070640
Category/Department: General
Date: Wednesday, May 9, 1990
By: Deborah Tyroler

On May 8, the cordoba was devalued 11.1% in the official currency exchange market, and 5.8% in the parallel market. The official rate as of Tuesday was 100,000 cordobas per US dollar, and exchange houses were purchasing the dollar for 180,000 co...

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