Ecuador could rally further after IMF announcement

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Ecuador could rally further after IMF announcement

Ecuador, Lenin Moreno, Steinmeier, Germany, LatAm
13 February 2019, Ecuador, Quito: Federal President Frank-Walter Steinmeier (l) and Lenin Voltaire Moreno Garces, President of Ecuador, speak at a press conference after their talks at the Palacio de Carondelet. Federal President Steinmeier and his wife are visiting Colombia and Ecuador on the occasion of Alexander von Humboldt's 250th birthday as part of a five-day trip to Latin America. Photo: Bernd von Jutrczenka/dpa | Bernd von Jutrczenka/Bernd von Jutrczenka/dpa

The International Monetary Fund and Ecuador confirmed this week that they were discussing a potential financial arrangement, and the positive reaction in the sovereign’s curve could have further to run.

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