El Salvador dollarisation brings glimmer of growth

Following President Flores's recent announcement concerning the "dollarisation" of the Salvadoran economy, he has outlined the process behind this decision.

He pledged to anchor the colon to the dollar at his inauguration and has spent the last eight months developing his economic recovery plan with the support of the IMF, IADB and World Bank. He believes this pegging of the two currencies to be a step towards Central American integration, although initially of greater benefit to Salvadorans

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: