RIO DE JANEIRO, BRAZIL - The manager of the Central Bank of Ecuador, Guillermo Avellán, announced that Ecuador's international reserves reached US$8.13 billion up to November of this year. This represents an important recovery of these assets that in 2020, due to the coronavirus pandemic, were reduced to only US$1.99 billion.
With the announcement, President Guillermo Lasso wrote in his Twitter account that "this level of reserves is due to the responsibility and efficiency in the management of public finances, consolidates dollarization and generates more confidence in domestic and foreign investors."
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