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Nicaragua: Cordoba Devalued 7%

ISSN:1089-1560
LADB Article ID: 069602
Category/Department: General
Date: Wednesday, September 19, 1990
By: Deborah Tyroler

On Sept. 17, the cordoba was devalued 7% to 1.12 million per US dollar. When President Violeta Barrios de Chamorro took power April 25, the exchange rate was 58,000 cordobas per dollar. (Basic data from AFP, 09/17/90)...

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