Tag: Uruguayan Pesos

• Friday, May 10th 2013 - 06:30 UTC

  Stubbornly high inflation in Uruguay for another two years forecasts Capital Economics

  

  Uruguay’s stubbornly high inflation is as much structural in nature as it is due cyclical factors and to bring it down requires changes in fiscal policy, tackling widespread salary indexation and policymakers need to enhance their credibility according to Capital Economics.

• Friday, November 2nd 2012 - 06:36 UTC

  Dollar plunges against the Uruguayan Peso in October; massive inflow of capital

  

  The US dollar suffered in Uruguay during October its greatest fall since January 2009 following on the increase of the Central bank basic rate to 9% at the end of September, which turned Uruguayan bonds far more attractive for foreign investors.