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Nicaragua registers dynamic economic activity

Managua, Nov 3 (Prensa Latina) Nicaragua currently registers a dynamic economic activity with better growth than expected, a Central Bank report stressed.

The text, which makes a study on the financial stability for October, noted that the national inflation shows signs of gradual moderation, although there are pressures on some prices.

According to the financial institution, the current account balance of payments registered a surplus above expectations, related to the dynamism of international remittances and other external flows.

It highlighted the balance of public finances, while a solid position of the main financial indicators was recorded, which has led to a consolidation of stability and a reduction in vulnerabilities.

According to the document, the National Financial System faces challenges in the current external situation; it remains solid without reflecting significant effects in the face of a rise in international interest rates.

ef/iff/jha/ybv

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