@JimVanDeventer to Today I LearnedEnglish • 7 months agoTIL Ecuador doesn't have its own currency and uses US dollars, but maybe not the same US dollars you are used to seeing.imagemessage-square156arrow-up1395arrow-down18
arrow-up1387arrow-down1imageTIL Ecuador doesn't have its own currency and uses US dollars, but maybe not the same US dollars you are used to seeing.@JimVanDeventer to Today I LearnedEnglish • 7 months agomessage-square156
minus-square@droanslinkEnglish1•7 months agoIt’s not uncommon. If a country has a lot of trade with a foreign power or is experiencing uncontrollable inflation, they will often either peg their currencies or make the foreign currency official.
It’s not uncommon. If a country has a lot of trade with a foreign power or is experiencing uncontrollable inflation, they will often either peg their currencies or make the foreign currency official.