Central Banks

Central Bank of Ecuador

The Central Bank of Ecuador was established in 1927 as a private bank and was declared a state agency by the Monetary Committee in 1948

The Central Bank of Ecuador was established in 1927 as a private bank and was declared a state institution by the Monetary Committee in 1948. The Central Bank of Ecuador issues and stabilizes the currency, holds and manages foreign exchange reserves, issues import and export licenses, and manages international transactions.
The Republic of Ecuador, referred to as Ecuador for short, is located in the northwest of South America, its capital is Quito, and its currency is the US dollar.

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