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NotiCen PDF file 1990 right arrow Jul

Nicaraguan Cordoba Devalued 615% Since April 25

ISSN:1089-1560
LADB Article ID: 070275
Category/Department: General
Date: Friday, July 6, 1990
By: Deborah Tyroler

On July 3, the Nicaraguan cordoba was devalued by 7.3% in the official and parallel markets, marking the fourth devaluation in 10 days. As of Tuesday, the official rate used in foreign trade operations was 365,000 cordobas per US dollar (sale an...

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