Reservations, at minimum levels
Ecuadornews:

International Reserves are kept at minimum levels. The latest report from the Central Bank of Ecuador, indicates that the International Reserves reached 2,848 million dollars on August 17. The amount is 184 million more than the previous week.
Although they went up, the amount is still one of the lowest of the year.
In general terms, the International Reserves correspond to the amount of external assets of high liquidity that the Central Bank of Ecuador has to cover its liabilities, such as the deposits of the country’s banks.
Low levels in the RI have always caused concern in the country’s banking.
In recent years, IRs have always increased when the government has acquired debt, through the issuance of sovereign bonds, for example.
However, the country has not been able to acquire financing through paper due to the high interest rates in international markets.
According to the latest report from the Association of Private Banks of Ecuador (Asobanca), the Exchange and Financial Reserves System, which includes monetary issue, electronic money and Financial Reserves, totaled 4,290 million dollars. Therefore, the International Reserves covers the System of Exchange and Financial Reserves by 66%, that is, a deficit of 1,458 million dollars in said system.
If the National Financial Corporation (CFN) and the Bank of the Ecuadorian Institute of Social Security (Biess) are excluded, the Exchange and Exchange System of the Other Depository Companies (OSD), 2,869 million dollars, is covered in 105% , in this way there is a surplus of 129 million dollars to cover said system.
Another indicator also shows the low fiscal liquidity. According to the latest ECB bulletin, the National Treasury Deposits reached 652 million dollars. That item has remained below the 1,000 million dollars since April of this year.
The National Treasury Deposits are like the current account of the State, from where it takes resources to make payments, among them the salaries of the public sector and where the money it receives is recorded, for example, disbursements of credits.
Until a few weeks, economic authorities have maintained that the country will not acquire more debt through the issuance of bonds in the short term. For now, seek financing in multilateral banks.
Other figures
Debt
Last Monday, August 20, the Ministry of Finance published the public debt figure. Until July 31, the amount amounts to 48.409 million dollars.
Internal
According to the last report of the Ministry of Finance, the internal debt to the month of July of this year is located at 13.950 million dollars. Long-term bonds total 13,187 million.
External
While the external debt, at the end of July of this year it reached 31,577 million dollars. Only 15,314 million dollars are owed to banks and bonds. In the case of international organizations, 8,487 million dollars are owed. (I)
Source: https://www.expreso.ec/economia/economia-reservas-estado-liquidez-deuda-IE2336749