Tag: Fernando Lorenzo

• Saturday, March 26th 2011 - 10:41 UTC

  Uruguay admits concern over inflation raises benchmark interest to 7.5%

  

  Uruguay's central bank this week surprised local economists and raised its benchmark interest rate 100 base points, one percentage point to 7.5%, in an attempt to help combat accelerating inflation which is beyond the government's target range.

• Thursday, November 11th 2010 - 01:09 UTC

  Uruguayan officials with different visions how to address risk of “asset bubbles”

  

  As in most of the rest of the world, conflicting visions of the latest global monetary events and its impact on emerging economies have surfaced among Uruguay’s top officials responsible for the running of the economy and finances.

• Tuesday, September 7th 2010 - 05:50 UTC

  S&P raises Uruguay’s long term credit ratings to BB from BB-

  

  Standard & Poor's Ratings Services raised its long-term foreign and local currency sovereign credit ratings on Uruguay to BB from BB- with a stable outlook thanks to the country's track record of sustained economic growth.

• Wednesday, May 12th 2010 - 07:07 UTC

  Uruguayan Government Raises 2010 Economic Growth Forecast to 5.1%

  

  Uruguay’s government raised its 2010 economic growth forecast and said it will focus on health programs, security and infrastructure to maintain expansion of at least 4% annually, Economy Minister Fernando Lorenzo said.