Ecuador dollarised at the start of 2000 when their inflation rate was above 100%. The old currency ceased to exist at the end of 2000 and by 2003, inflation was down to single figures.
I think its probably a good idea for Argentina in the short term. (Not sure if the rest of his ideas are that sound though)
Ecuador dollarised at the start of 2000 when their inflation...
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Last
7.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $99.47M | |||
| Open | High | Low | Value | Volume |
| 7.3¢ | 7.6¢ | 7.2¢ | $58.41K | 796.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 111843 | 7.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.3¢ | 54500 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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7.2¢ |
Change
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| Open | High | Low | Volume | ||
| 7.4¢ | 7.5¢ | 7.2¢ | 213406 | ||
| Last updated 13.25pm 03/05/2024 ? | |||||
| CEL (ASX) Chart |