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NotiCen PDF file 1990 right arrow Nov

Nicaragua: 6% Currency Devaluation

ISSN:1089-1560
LADB Article ID: 068950
Category/Department: General
Date: Wednesday, November 7, 1990
By: Deborah Tyroler

On Nov. 4, the Central Bank announced a 6% devaluation of the cordoba to 1.61 million per US dollar. Effective Nov. 6, gasoline will sell for 3.783 million cordobas ($2.35) per gallon, and a 100-lb. cylinder of natural gas for 35.806 million cor...

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