The Central Bank of Nicaragua published its 2024 Management Report, summarising actions across monetary and exchange rate policy, financial system liquidity support, payment systems, statistics and institutional initiatives. Key highlights include setting the annual crawling peg of the córdoba against the US dollar to 0%, adopting measures to strengthen the use of the córdoba in pricing and payments, and reporting Gross International Reserves (RIB) of USD 6,105.1 million as of 31 December 2024. In monetary and foreign-exchange operations, the report covers decisions on the Monetary Reference Rate (TRM), maintaining convertibility at the official exchange rate through foreign-exchange desk operations, and steps to facilitate liquidity management in the financial system. On payments, the bank advanced the second phase of International Bank Account Number (IBAN) implementation, increased the maximum value of cheques eligible for truncation, and amended the cheque truncation regulation to extend coverage to all participants in the Electronic Interbank Cheque Clearing House (CCE). Statistical work included progress on rebasing national accounts to a 2019 reference year, defining a new IT tool for processing annual economic surveys, expanding coverage of foreign direct investment and private external debt surveys, and enhancing compilation of external trade price indices using the R programming tool. The report notes that the 0% crawling peg was announced to remain in place for 2025 and that the second-phase IBAN framework entered into force in January 2025. It also records an agreement with the National Institute for Development Information (INIDE) to support the fifth National Agricultural Census planned for 2025.

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