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History of Ecuador - Wikipedia, the free encyclopedia |
 | | Mahuad concluded a well-received peace with Peru on October 26, 1998, but increasing economic, fiscal, and financial difficulties drove his popularity steadily lower. |
 | | However, the coup de grace for Mahuad's administration was Mahuad's decision to make the indigenous currency, the sucre (named after a Venezuelan hero of the revolutionary war against Spain), obsolete and replace it with the U.S. dollar (a policy called dollarization). |
 | | On January 15, 2003, retired Colonel Lucio Gutiérrez, a member of the military junta that overthrew president Jamil Mahuad in 2000, assumed the presidency of Ecuador. |
| en.wikipedia.org /wiki/History_of_Ecuador (2057 words) |
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