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View Full Version : Ecuador Could Pay More Than 30 Cents in Debt Auction - Bloomberg



NewsWhore
05-05-2009, 05:40 PM
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Ecuador Could Pay More Than 30 Cents in Debt Auction (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaItpuAz0Tn2U%26refer%3Dnews&cid=1346436884&ei=LqYASuGOA4rK6QOA7Nz6Bw&usg=AFQjCNEfPtyA6v_Yz9HOUz2W9l8u6zv1Rw)
Bloomberg - Stephan Kueffner (http://news.google.com/news?svnum=10&as_scoring=n&tab=wn&as_drrb=q&as_qdr=&as_mind=11&as_minm=7&as_maxd=10&as_maxm=8&q=author:%22Stephan Kueffner%22&hl=en&ned=us&ie=ISO-8859-1)
International currency reserves have fallen by more than 50 percent to $3 billion since September, making it more difficult to meet interest payments, Viteri said. The fall in the price of oil amid the global economic crisis limits Ecuador&#39;s ability to ...


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