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Uruguay

Uruguay Lowers Interest Rate to 8.5%

The Central Bank of Uruguay (BCU) has strategically cut the Monetary Policy Rate (MPR) by 50 basis points, bringing it down to 8.5%. This move...

Uruguay’s Economy Shows Promise of Growth

The Ceres Leading Index (CLI), a predictive measure of Uruguay's economic activity, rose by 0.3 percent in March. This uptick signifies the sixth straight month of growth, a positive trend highlighted by the Ceres Research...

Support for Uruguay’s Leader Holds Strong

In Uruguay, President Luis Lacalle Pou enjoys a solid approval rate of 46%, a survey by Cifra shows. This figure marks a slight increase from...

Uruguay Sees Slight Export Decline in Early 2024

In early 2024, Uruguay's export sector faced a modest setback, with a 2% decrease...

Uruguay’s Economy Sees Slight Growth Amid Challenges

The Central Bank of Uruguay (BCU) disclosed that Uruguay experienced a modest expansion, registering a growth rate of 0.4...

Uruguay’s Trade Deal Challenge with China Amid Mercosur Dynamics

Uruguayan President Luis Lacalle Pou accused Argentina and Brazil of blocking a crucial Free Trade Agreement (FTA) with China. Speaking to Universal Radio, he revealed...

Left-Wing Frente Amplio Leads in Uruguay Poll

A new poll from Cifra indicates Frente Amplio as the front-runner for Uruguay's presidential elections on October 27. The survey...

A Three-Day Wine Tour in Uruguay

Uruguay, known for its fine wines and beautiful scenery, invites wine lovers to a unique journey. The country's geographic advantage...

Uruguay’s Interest Rate Fixed at 9% Amid Inflation Control Efforts

The Central Bank of Uruguay (BCU) has decided to keep the Monetary Policy Rate...

Uruguay Sees Small Industry Growth in 2023

In 2023, Uruguay's industry ticked up by 0.6% from the year before; the rise came...

Roaming Fees Gone in Paraguay and Uruguay

In the latest development, Paraguay and Uruguay are set to abolish international roaming charges for mobile users. This move aligns...