Wednesday, October 17, 2018

Remittances – Second Quarter 2018

This year, 2018, during the period April-June 2018 US $371.2 million was sent home to Nicaragua. The Central Bank of Nicaragua (El Banco Central de...

The Córdoba Devaluation Rumor

Nicaraguan and Yale graduate Doctor Néstor Avendaño advises; In times of political crisis, don’t get carried away by false economic news on social networks. He...

Tropical Storm Isaac

All eyes at the weather center are on Tropical Storm Isaac. The Nicaraguan Institute of Territorial Studies (INETER) say that Hurricane Isaac was downgraded to...

Pacific Swell – Mar de Fondo

The central government has warned of a “Mar de Fondo” or “Swell” along the Pacific Ocean. Various authorities maintain a permanent surveillance of the...

A Long Weekend and a Minimum Wage Pay Raise

Statutory Holidays – Long Weekend In accordance with Article 66 of the Labor Code, September 14th and 15th are mandatory national holidays (feriados in Spanish)...

“How’s the Weather down There?”

By Kelvin Marshall – Del Sur News Even here in San Juan del Sur, Nicaragua, where 99% of the time it’s either hot and dry...

Bank of Nicaragua Clarifies Exchange Rate Confusion

By Kelvin Marshall - Del Sur News Some concerns were raised at the end of last week with the announcement by the Central Bank of...

National News: New Police Chief for Nicaragua

Today in Managua, as expected, the President of the Republic of Nicaragua, Daniel Ortega, named Francisco Javier Diaz Madriz as the new head of...

Counterfeit US $ 100 bills in Rivas

The National Police of Nicaragua, through their delegation in Rivas, is warning the public about US $100 bank notes being passed in Rivas. The notes...

National Budget Cuts

Drastic cuts to the country’s budget contained in a plan presented by Iván Acosta, the Minister of Finance and Public Credit, were approved today...