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Cheap Oil and Strong Dollar: Ecuador’s Twin Troubles – The Wall Street Journal

Two of the most punishing trends in emerging markets are the rising dollar and falling oil. And caught between them is Ecuador. The South American country has the misfortune to be an oil producer with a “dollarized” economy that uses the U.S. currency as legal tender. Read more>>

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Cheap Oil and Strong Dollar: Ecuador’s Twin Troubles - The Wall Street Journal

Two of the most punishing trends in emerging markets are the rising dollar and falling oil. And caught between them is Ecuador. The South American country has the misfortune to be an oil producer with a “dollarized” economy that uses the U.S. currency as legal tender. Read more>>

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