Sandoval, Luis; Malaga, Jaime; Carpio, Carlos - Southern Agricultural Economics Association - SAEA - 2015
In January of 2001, El Salvador adopted the U.S. dollar as its currency, going through a full dollarization process that fixed the exchange rate at 8.75 colones (El Salvador’s former currency) per U.S. dollar and that took the colón out of circulation. Dollarization was expected to increase...
