Ecuador's president ratifies USD as nation's official currency

QUITO, March 18 (Xinhua) -- Ecuadorian President Daniel Noboa on Tuesday ratified the U.S. dollar as the nation's official currency and sole means of payment, the government announced.

The executive order ratifying the use of the U.S. dollar was issued in the Andean city of Cuenca, in southern Ecuador, where Noboa carries out official duties, and published on the presidency's website.