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View Full Version : Ecuador Reserves Drop 13% on Week to $3.48 Billion - Bloomberg



NewsWhore
03-09-2009, 03:10 PM
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Ecuador Reserves Drop 13% on Week to $3.48 Billion (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaCy6qNs2EA8I%26refer%3Dnews&cid=0&ei=amq1SeLKCqSwQLCChPgF&usg=AFQjCNHpE-JrLW__rniZ8vJVROlXDnFYzw)
Bloomberg
The drain of dollars stemming from Ecuador’s trade deficit is the biggest risk to the country’s continued use of the US currency, Correa has said. The government is taking steps such as import restrictions and higher customs duties to defend the use of ...


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