The Central Bank of Ecuador informs the public
On Wednesday, October 9, 2024, an attempted robbery took place by more than 20 heavily armed criminals at kilometer 90 of the Cuenca-Molleturo highway, against
The Ecuadorian economy reported a 2.2% contraction in the second quarter of 2024
In the second quarter of 2024, Ecuador’s Gross Domestic Product (GDP) recorded a 2.2% decrease compared to the same period in 2023[1]. This performance was
Cryptocurrencies are not legal tender, nor an authorized means of payment in Ecuador
Based on Article 94 of the Organic Monetary and Financial Code (COMF), the Monetary Policy and Regulation Board (JPRM) issued Resolutions No. JPRM-2022-005-M, dated February
The economy reported growth of 1.2% in the first quarter of 2024 due to a reduction in imports and an accumulation of inventories
In the first quarter of 2024, the Gross Domestic Product (GDP) of Ecuador grew by 1.2% compared to the same period in 2023. This behavior
Ecuadorean economy recorded a growth of 2.4% in 2023
In 2023, Ecuador’s Gross Domestic Product (GDP) grew by 2.4%[1], lower than the 6.2% growth achieved in 2022. This growth was driven by the dynamism
The number of operations with electronic means of payment tripled between 2019 and 2023
In the last five years, the use of electronic means of payment in Ecuador has increased by companies and citizens, reflecting greater confidence in this