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Now there's talk of Ecuador dollars, electronic currency, Ecuadorian-style dollarisation, and what are they trying to do?' the president asked, taking aim at exiled former president Rafael Correa ...
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 ...
President Donald Trump imposed retaliatory tariffs on several US trade partners, including remote territories, on April 2.