💨 Abstract

Ecuador's Country Risk Index closed at 1.282 points on Monday, a day after the presidential election that saw Daniel Noboa win. This is the sharpest daily decrease since the country's dollarization began in January 2000. The decrease is attributed to international investors perceiving less risk due to the government's efforts to manage public finances and meet external obligations, according to the Central Bank of Ecuador.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖