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Devaluation of the Colombian peso and the euro affect Ecuador

The currency market crisis makes Ecuador’s exports more expensive, because it makes it an expensive country to be dollarized. The dollar gains more and more value in the market and, on the other hand, the currencies in most Latin American countries depreciate. The foregoing...
Posted On 13 Jul 2022
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Why does the price of premium gasoline skyrocket in Ecuador?

What relationship do the war in Ukraine and the pandemic have with the fact that a gallon of premium gasoline costs more than USD 5 at service stations in Ecuador ? All three events are linked to each other and, in addition, are the cause of inflation. When the world was confined...
Posted On 13 Jul 2022
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