Ecuador should not rule out bonds, says Ashmore

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Ecuador should not rule out bonds, says Ashmore

Alejandro Werner, IMF, Ecuador, LAtAm
J62GCR Director of the Western Hemisphere Department of the International Monetary Fund (IMF), Alejandro Werner, speaks during the presentation of the report 'The Americas, a History of Two Adjustments' made at the Getulio Vargas Foundation, in Sao Paulo, Brazil, 19 May 2017. The International Monetary Fund (IMF) 'monitors' the situation in Brazil after the corruption scandal that spills directly to President Michel Temer and rules out a 'contagion' in the region, officials said. EFE / Sebastiao Moreira | EFE News Agency / Alamy Stock Photo/Alamy Stock Photo

Emerging markets investment manager Ashmore reckons Ecuador could remain active in global debt markets despite agreeing $10bn of financing from multilateral institutions last week to significantly reduce default risk.

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