The country risk in Ecuador continues a downward

Quito .- The index of risk of insolvency of sovereign debt of Ecuador (country risk) continues to be low, and stood at 558 points last May 14, the Central Bank reported today.

The index was 565 points on May 13, who fell from the 580 of May 12, according to the institute issuer.

The country risk is a scale which measures the degree of volatility of a particular economy and allows agents to provide financial risks of foreign investments.

The risk country stood at 4,712 points on the June 5, 2000, the year in which Ecuador adopted dollarization.

On January 15, 2007, when the current president Rafael Correa took over the government, the country risk was 827 points. EFE