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Uruguay

Poll Shows Left-Wing Coalition Ahead in Uruguay’s Election Race

In Uruguay's vibrant political scene, the Frente Amplio (FA) has taken the lead in voter preferences for the presidential race on October 27, 2024. A...

Uruguay’s 2024 Economic Outlook: Growth Projected at 3.5%

In a significant update, Uruguayan analysts have adjusted their 2024 economic growth projection to 3.5%, up from March's 3.3%. This update comes from the Central Bank of Uruguay's Expectations Survey, released yesterday. The survey taps into...

Uruguay Sees Robust Tourist Arrivals in Early 2024

In the early months of 2024, Uruguay saw an influx of 1,135,102 international tourists, a notable increase of 3.9% from the first quarter of...

Uruguay Lowers Interest Rate to 8.5%

The Central Bank of Uruguay (BCU) has strategically cut the Monetary Policy Rate (MPR)...

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...

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 percent over the course of...

Uruguay’s Rating Rises: Moody’s Nods to Reform Success

Moody's upgraded Uruguay's credit rating from Baa2 to Baa1 on Friday, the 15th, reflecting the country's commitment to structural...

Uruguay Anticipates Near-Record Soy Harvest After Severe Drought

Uruguay is on track for an exceptional soybean harvest, rebounding strongly from last year's harsh drought. Rainfall has revived the...

Uruguay’s Trade Deal Challenge with China Amid Mercosur Dynamics

Uruguayan President Luis Lacalle Pou accused Argentina and Brazil of blocking a crucial Free...

A Three-Day Wine Tour in Uruguay

Uruguay, known for its fine wines and beautiful scenery, invites wine lovers to a unique...

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 (MPR) at 9% to ensure...