#Nicaragua 🇳🇮 #APriori_Article: The Cordobization Policy in Nicaragua from a Legal Perspective
LThe cordobization policy in Nicaragua has been promoted by the Central Bank of Nicaragua (BCN) with the goal of reducing the country’s dependence on the U.S. dollar in economic transactions. As of January 1, 2025, all payments within national territory must be made in córdobas, including credit and debit card transactions. This measure aims to reinforce monetary sovereignty and stabilize the financial system. This article analyzes cordobization...