Ecuador reports record monetary reserves

The Central Bank of Ecuador has reported that reserves, which have been increasing since August, have hit a record breaking level. The increase is due to the arrival of new loans from international organizations and the increase in world-market oil prices.

Source: CRE Satelital radio

The Central Bank of Ecuador [BCE] has reported that Freely-Available Monetary Reserves (RMLD) reached a record-breaking level on Friday, 17 October, of 1.4122bn US dollars.

The BCE pointed out that the RMLD total ha

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