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Ecuador's President Noboa ratifies US dollar as sole currency amid presidential runoff.
Ecuadorian President Daniel Noboa has officially ratified the US dollar as the country's sole currency, aiming to maintain financial stability.
This decision comes ahead of a presidential runoff on April 13, where Noboa faces progressive candidate Luisa Gonzalez, who may propose an alternative currency.
Ecuador adopted the dollar in 2000 during a financial crisis, and the move has since enjoyed about 90% public approval, credited with stabilizing the economy and banking system.
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El presidente de Ecuador, Noboa, ratifica el dólar estadounidense como moneda única en medio de la segunda vuelta presidencial.