Tag: Gabriel Oddone

• Tuesday, July 30th 2013 - 03:07 UTC

  Uruguay needs ‘a dollar at 25 Pesos’ if it wants to remain competitive warn economists

  

  Uruguay is too expensive in dollar terms and needs to adapt quickly because the adjustment will come anyway ‘and will be painful’ unless inflation is brought under control and costs equilibrium is reached with Brazil with a competitive dollar at 25 Pesos.

• Thursday, November 11th 2010 - 00:16 UTC

  Brazilian “competitive devaluation” risk for Uruguay’s exports

  

  A leading Uruguayan economist warned Wednesday about the risks of being highly dependent on Brazil for foreign trade, particularly since the Uruguayan economy could “be trapped in a competitive edge island”.