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Nicaragua: 8.3% Currency Devaluation

LADB Article ID: 070090
Category/Department: General
Date: Wednesday, August 1, 1990
By: Deborah Tyroler

On July 31, the central bank decreed an 8.3% devaluation of the cordoba. The official exchange rate was set at 520,000 cordobas per US dollar. (Basic data from Notimex, 07/31/90)...

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