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Nicaragua: Another Currency Devaluation

ISSN:1089-1560
LADB Article ID: 070257
Category/Department: General
Date: Wednesday, July 11, 1990
By: Deborah Tyroler

On the evening of July 9, Nicaragua's Central Bank announced yet another devaluation of the cordoba. As of Tuesday the official exchange rate was 405,000 cordobas per US dollar. [Basic data from Nicaragua Network (Washington, DC), 07/09/90]</par...

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