Tag: Martín Inthamoussu

• Wednesday, August 28th 2024 - 09:36 UTC

  BCU's new VP insists the peso/dollar exchange rate is ruled by supply and demand

  

  Uruguay's Central Bank Vice President Martín Inthamoussu said Tuesday that the exchange rate between the local peso and the US dollar was “set by supply and demand.” He made those remarks minutes after taking up his new position and pledged to work to keep inflation low amid financial stability.