The Central Bank of Nicaragua kept its Monetary Policy Reference Rate at 5.75%, maintaining the benchmark used to signal the cost of overnight córdoba liquidity operations. It also held the overnight Monetary Repo and Monetary Deposit facility rates at 7.00% and 4.50%, respectively. The decision reflects continued domestic economic growth, low and stable inflation, strong private-sector credit and external inflows, although formal employment growth has moderated. The central bank identified geopolitical tensions, trade uncertainty, international inflation and climate conditions as risks to local prices. It also noted that prolonged global inflation pressures could prompt major central banks to raise rates and maintain restrictive monetary conditions for longer.
2026-09-03Central Bank of Nicaragua
Central Bank of Nicaragua holds monetary reference rate at 5.75%
The Central Bank of Nicaragua held its Monetary Policy Reference Rate at 5.75% and kept its overnight repo and deposit facility rates at 7.00% and 4.50%, respectively. Domestic growth and low inflation supported the decision, while global inflation, geopolitical tensions and climate conditions remain risks.