Noboa issues order for Congress to ratify U.S. dollar as sole currency in Ecuador - Latin America Reports

Noboa issues order for Congress to ratify U.S. dollar as sole currency in Ecuador - Latin America Reports

Medellín, Colombia – President Daniel Noboa on March 18 issued an executive order to ratify the U.S. dollar as the official currency of Ecuador, less than a month ahead of the second round of presidential elections.  In an interview with W Radio, Noboa said that the order is partially due to the increased hype around electronic money systems, including the proposed “ecuadollar,” originally proposed by Andrés Arauz, a former minister in the Rafae…