Money in Nicaragua
Nicaragua - MoneyEconomic conditions appear to have ameliorated toward the end of 2019, although political tensions and uncertainty weighed heavily on the economy throughout most of the year. International reserves recovered throughout Q4, hinting at an improving financial situation in the country. Furthermore, the ongoing political crisis showed some signs of moderation, boding well for the economy; U.S.-imposed sanctions, international condemnation and the threat of expulsion from the Organization of American States—an important source of funding for the country—put pressure on the government. In other news, on 14 February Moody’s downgraded its B2 rating for Nicaragua to B3 with a stable outlook, citing a weakening of economic activity and a heightened risk of reduced access to crucial external credit.
Nicaragua - Money Data
|Money (annual variation in %)||13.0||19.1||10.5||13.0||-19.7|
5 years of economic forecasts for more than 30 economic indicators.
Nicaragua Money Chart
Source: Nicaragua Central Bank and FocusEconomics calculations.
|Exchange Rate||33.47||2.11 %||Jan 01|
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