Ecuador's central bank defends itself with advert

Ecuador's central bank is taking out advertisements in the country's main newspapers to defend its independence after newly elected President Rafael Correa questioned the need for its autonomy.

In the advertisement the central bank lists eight points to explain the importance of its role in the economy, including maintaining cash flow and handling currency transactions, according to an advertisement on page 12 of Quito business daily El Comercio on Thursday. The ad was also carried on the new