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Nicaragua: 6% Currency Devaluation

ISSN:1089-1560
LADB Article ID: 068871
Category/Department: General
Date: Wednesday, November 14, 1990
By: Deborah Tyroler

On Nov. 12, the Central Bank devalued the cordoba by 6%, bringing the exchange rate from 1.61 to 1.71 million cordobas per dollar. (Basic data from AFP, Notimex, 11/12/90)...

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