Currency of Ecuador and the new. It was further arranged to have Banco del Ecuador import coin based on the French decimal system. García Moreno thus settled the basic problems of Ecuador's currency. In 1877 President Ignacio de Veintimilla authorized the free circulation of coin less than 900 fine, with the immediate result that good quality coin disappeared from circulation, replaced by coin from Chile and Bolivia that was only 500 fine. "Banco del Ecuador" issued notes for 2 & 4 reales and 1, 5, 10, 20, 100, 500 & 1000 pesos. "Banco Nacional", Guayaquil, issued notes briefly in 1871 for 2 and
Currency War of 2009–11 2010, Russian Finance Minister Alexei Kudrin said it was too early too make "a decision regarding currency exchange rates. Such measures aren’t yet sufficiently formulated." He also stated other BRIC countries support Russia in opposing any US push to limit the ability of governments to control their currencies. India has largely taken a neutral position on the currency war, advocating a balanced solution with give and take by both China and the US, though along with Brazil she has been one of the few emerging economies to occasionally criticise China's holding down of the Yuan. Prime Minister Manmohan Singh suggested