Sunday, December 22, 2024

Financial

Financial

Córdoba to US Dollar “Slip Rate” 1% as of Feb. 1,...

The Board of Directors of the Central Bank of Nicaragua (Banco Central de Nicaragua or BCN) has announced that the sliding exchange rate (aka;...

5 Cents Worth on the Córdoba Oro

1)            Since 1912, when the National Bank of Nicaragua was founded, the official unit of currency used in Nicaragua has been the...

Tax Increase on Alcohol and Tobacco January 1st 2023

If cutting down or quitting drinking and smoking don’t feature on your list of “News Year’s Resolutions”, then the Minister of Finance and Public...

Record Remittances Flowed Into Nicaragua in 2023

The Central Bank of Nicaragua (El Banco Central de Nicaragua or BCN) has now released the final figures for 2023 in relation to the...

Nicaragua’s GDP to Grow 3.7% in 2021 – FUNIDES

After a three year period in the red, FUNIDES (the Nicaraguan Foundation for Economic and Social Development) is forecasting Nicaragua's GDP to grow by...

Nicaragua’s Economy – Exports, Gold, Remittances and Tourism

During a recent TV interview about some key points of Nicaragua’s Economy, the Minister of Finance and Public Credit, Iván Acosta said that from...

Remittances for January 2022 – Nicaragua and the Region  

Remittances for January 2022 continue to show an increase when January 2022 figures are compared to the same month in 2021. Remittances or “Remesas”...

Latest YTD Results show US $3.4 Billion in Remittances

Latest YTD Results show remittances to Nicaragua for 2023 (January to September inclusive) were US $3,433.5 million which is 52% higher than the same...

Remittances – USA Continues as Top Contributor

The February 2023 "Remittances from Abroad" numbers are in from the Central Bank of Nicaragua (Banco Central de Nicaragua - BCN) and they show...

Record Export Income Continues for Nicaraguan Producers

According to figures from the Association of Producers and Exporters of Nicaragua (APEN), Nicaraguan continues to enjoy record export income in 2021. Figures show a...