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MercoPress, en Español

Montevideo, January 8th 2026 - 20:00 UTC

Tag: Guillermo Tolosa

  • Tuesday, January 6th 2026 - 09:06 UTC

    Uruguay records lowest yearly inflation in over two decades

    BCU President Guillermo Tolosa signaled that the bank may enter an “expansionary phase” in 2026

    Uruguay's inflation last year fell below the Central Bank’s (BCU) official target of 4.5%, hitting 3.65% after December's -0.09%, making President Yamandú Orsi's first annual National Institute of Statistics (INE) report a historic one with figures not recorded since 2001.

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  • Wednesday, May 28th 2025 - 21:08 UTC

    Uruguay keeps Monetary Policy Rate unchanged at 9.25%

    BCU President Guillermo Tolosa made the announcement in Montevideo

    The Central Bank of Uruguay (BCU) decided to maintain the Monetary Policy Rate (MPR) at 9.25%, the Monetary Policy Committee (Copom) and BCU President Guillermo Tolosa announced. This unanimous decision seeks to strengthen the contractionary bias of monetary policy to continue the disinflation process and align inflation expectations with the target of 4.5% annually.