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 ...

After a decade of prosperity, a less favorable external context demands that Ecuador ensure fiscal sustainability, strengthen the foundations of dollarization, promote new engines of growth and ...

Past experiments of dollarization conducted in countries such as Ecuador, Panama, and Zimbabwe have had varying results, but a nation of Argentina's size has never attempted it before, analysts ...

Dollarization has not been declining steadily in all Latin ... which do not allow accounts in foreign currency, and Ecuador, El Salvador, and Panama, which are fully dollarized economies. Foreign ...