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MercoPress, en Español

Montevideo, November 15th 2024 - 14:19 UTC

Tag: Local Currencies Payment System (SPML)

  • Monday, November 3rd 2014 - 08:59 UTC

    Brazil and Uruguay agree to bilateral trade in local currencies

    The money rate exchange for the operations will be published on a daily basis by the central bank of each country

    Brazil and Uruguay as of next December will be able to use local currencies in bilateral trade, disregarding appealing to US dollars, based on the agreement signed last Friday between the central bank presidents of the two countries, Alexandre Tombini (Brazil) and Alberto Graña (Uruguay).