Ecuador's international reserves have seen significant growth, reaching $11.85857 billion as of February 13. This historic figure is attributed to structural changes in the country's economic policies implemented over the past seven years. The evolution of these reserves has been generally positive since 2019, despite some declines in 2020 and 2023, largely due to interactions and agreements with the International Monetary Fund (IMF) as well as legal measures that have protected the dollarization of the economy. Moreover, favorable external market perceptions, a rise in non-oil exports, a positive balance of payments, and remittances from migrants have all contributed to this increase. Economists highlight the constant reduction in country risk, which was recorded at 465 basis points as of February 20, as a key factor in the historic accumulation of reserves, which has not been observed previously. The article also notes the impact of high international gold prices, which has further bolstered Ecuador's economic outlook. This accumulation of international reserves potentially impacts Ecuador's financial stability, investment capacity, and future economic policies, suggesting a shift towards more robust economic management and improved confidence from global markets.