El Salvador ready for dollarisation, says Barraza

El Salvador is "ready" to start dollarization on January 1, central bank governor Rafael Barraza said in San Salvador on Dec 27, 2000. Banks and people have been preparing for transactions in U.S. dollars, Barraza was quoted as saying by Mexican media.

In the last two weeks, U.S. dollar bills and coins have arrived in El Salvador under strict security measures. The dollarisation will allow the Salvadorans to have further economic resources, facilitate foreign investments and trade, and avoid a

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: