Ecuador marked the anniversary of US Dollar

Published on January 14, 2019
Wednesday, January 9th marked the 19th anniversary of the adoption of the U.S. dollar as Ecuador’s national currency. On January 9, 2000 President Jamil Mahuad announced that the country would end the use of the sucre, which at the time suffered Latin America’s highest rate of inflation. The national economy had contracted 7.5 percent in […]

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