Dollar plunges against the Uruguayan Peso in October; massive inflow of capital

Friday, November 2nd 2012 - 06:36 UTC

Full article 7 comments

The US dollar suffered in Uruguay during October its greatest fall since January 2009 following on the increase of the Central bank basic rate to 9% at the end of September, which turned Uruguayan bonds far more attractive for foreign investors. Read full article

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British_Kirchnerist
Excellent =) Next, the Argie peso =)
Nov 02nd, 2012 - 10:58 am - Link - Report abuse 0
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Usurping Pirate
The inflow of capital is capital fleeing Argentina .Uruguay is a growing , stable economy run on neo liberal pronciples , leke the rest of the world apart from Cuba , Venezuela . Iran , Bolivia and Argentina .Don't they teach economics at bogland comprehensive ?
Nov 02nd, 2012 - 05:42 pm - Link - Report abuse 0
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slattzzz
@1 want a bet
Nov 02nd, 2012 - 07:51 pm - Link - Report abuse 0
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briton
why dont you take that silly telly tubbie of ya flag,

at the very least , it might stop people laughing at it....
Nov 02nd, 2012 - 08:54 pm - Link - Report abuse 0
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Guzz
Shovel the union jack up your arse and hoist the black jack, and everything would fall into place...
Nov 03rd, 2012 - 09:36 am - Link - Report abuse 0
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mastershakejb
nothing abnormal here, I lived in Uruguay for quite a while, dollar always fluctuating between 18 and 24 there. Uruguay's pretty solid and stable.

Argentina is a DISASTER and the greatest joke EVER, better than stand up comedy.
Nov 03rd, 2012 - 11:00 am - Link - Report abuse 0
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briton
you forget the fruit salads .
Nov 03rd, 2012 - 07:31 pm - Link - Report abuse 0
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