Tag: Uruguayan currency

RIO DE JANEIRO, BRAZIL - The Uruguayan peso surpassed the Brazilian real and became the best performing currency in South America, with a year-to-date gain of more than 11% against the US dollar. Despite lagging against other assets for most...
RIO DE JANEIRO, BRAZIL - In Montevideo, it is often said that Uruguay's banks are the "petty cash" of many Argentines. It has always been said, but it is emphasized when uncertainty increases in Argentina. Some of this seems to...
RIO DE JANEIRO, BRAZIL - Bank deposits set a record figure in Uruguay during 2021 by increasing by more than US$3 billion, according to a report prepared by the Technical Advisory Committee of the Uruguayan Bankers Association (AEBU). The document...

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