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Montevideo, May 9th 2025 - 08:55 UTC

Tag: Emil Mendoza

  • Tuesday, April 15th 2025 - 19:25 UTC

    Paraguay and Uruguay prepare for new scenario with stronger Argentine peso

    The new floating quotation between the Argentine peso and the US dollar is foreseen to have positive repercussions in both neighboring countries

    Following Buenos Aires' announcements regarding the lifting of restrictions to exchange local pesos into US dollars, neighboring Uruguay and Paraguay are preparing for the changes to come. Both countries foresee an increasing influx of Argentine travelers to benefit from the new scenario, which in the case of Paraguay also includes a depreciating guaraní.