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Nicaragua: 4.7% Devaluation Of Cordoba

LADB Article ID: 069075
Category/Department: General
Date: Wednesday, October 31, 1990
By: Deborah Tyroler

On Oct. 29, the Central Bank announced a 4.7% devaluation of the cordoba, to 1.54 million per US dollar. Thus far in October, the cordoba has been devalued by 30.5%. (Basic data from Notimex, Xinhua, 10/29/90)...

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