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Monetary policy rate in Nicaragua between 2011 and 2017

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Source

Release date

December 2018

Region

Nicaragua

Survey time period

2011, 2012, 2014, and 2017

Citation formats

Nicaragua: base interest rate 2011-2017

Published by Agne Blazyte, Oct 22, 2019
In 2017, the monetary policy rate in Nicaragua stood at **** percent, up from **** percent registered in 2014. Monetary policy rate, also known as base interest rate or base rate, is a percentage defined by central banks to determine the cost of credit in a given economy. This indicator serves as a guide for other financial institutions to set their own interest rates.
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