By Mathew Cohen Ecuador's President Daniel Noboa has issued Executive Decree No. 565, formally reaffirming the US dollar as ...

However Correa reiterated Sunday, after exit polls, that his government will maintain the use of the U.S. dollar as Ecuador's currency. “We have said that we will maintain the dollarization ...

Ecuador’s government is poised to introduce a state-backed digital currency to reverse its decline, though some claim the name is misleading Ecuador's President Rafael Correa. Since the 1990s, when ...

Ecuador adopted the U.S. dollar as its national currency in 2000 during a severe financial and economic crisis. According to the central bank, dollarization has generated monetary and financial ...

The US dollar is used as official currency in several countries besides the United States. Ecuador and Zimbabwe both switched to the US dollar after financial crises made their local currencies ...

For example, Ecuador uses the U.S. dollar as its official currency. Belize and Panama don't use the dollar, but peg their currencies to it. Popular retirement spots overseas that accept U.S ...

QUITO, March 18 (Xinhua) -- Ecuadorian President Daniel Noboa on Tuesday ratified the U.S. dollar as the nation's official currency and sole means of payment, the government announced.