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Ecuador bond diversion prompts Quito exchange to urge central bank reforms
ExpresoLO·EC·3 days ago
Ecuador's Central Bank publicly disassociated itself from bond transfers, stating they are executed solely on brokerage instructions, defending the Depository of Values' controls. This follows likely scrutiny or criticism over transfer processes, though specifics are unclear. The statement aims to clarify institutional responsibility and may affect market confidence in Ecuadorian financial infrastructure.