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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) 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...
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 in goods exports, totaling $2.757 billion.
This downturn was particularly noticeable...
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 reforms and strict fiscal and...
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 farms, sparking optimism in 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 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 shows that 47% of participants...
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 has placed it among the...
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 inflation remains within the 3-6%...
Uruguay Shines as South America’s Sole ‘Full Democracy’
The 2023 Economist Intelligence Unit (EIU) report highlights a global decline in democracy, pointing to conflicts, authoritarianism, and fading trust in major political parties.
Among...
Uruguay Sees Small Industry Growth in 2023
In 2023, Uruguay's industry ticked up by 0.6% from the year before; the rise came mainly from more paper and food goods made.
The National...