Uruguay’s Central Bank Raises Interest Rate to 9% to Tackle Inflation Risks
The Central Bank of Uruguay (BCU) raised its benchmark interest rate by 25 basis points to 9%, aiming to align...
February 14, 2025Section
Uruguay News in English
Uruguay news in English from The Rio Times — Montevideo politics, economy, agriculture and culture.
Uruguay’s Inflation Dips to 5.05% in January, Signals Economic Stability
The National Institute of Statistics reports that Uruguay's inflation rate fell to 5.05% in January 2025. This figure marks a...
February 6, 2025
Punta del Este Draws Global Wealth as Uruguay Cements Tax Haven Status
Punta del Este, Uruguay’s coastal gem, has become a magnet for international elites seeking fiscal refuge and luxury living. Foreign...
February 3, 2025
Uruguay Leads Latin America in Electric Vehicle Adoption
Uruguay stands out in South America for its impressive adoption of electric vehicles (EVs), achieving the highest per capita rate...
January 16, 2025
Rocha: Uruguay’s Hidden Coastal Gem
Nestled on Uruguay's eastern coast, Rocha beckons travelers with its untamed beauty and diverse attractions. This region offers a
January 6, 2025
Chile Leads Latin America’s Best Countries to Live In
Chile scores 0.856 on the UN HDI, ranking #1 in Latin America for health, education & income. See which countries...
January 5, 2025
Uruguay’s Inflation Hits 5.49% in 2024, Stays Within Target Range
Uruguay's inflation rate settled at 5.49% marking the second consecutive year within the official target range. Coverage and analysis from...
January 4, 2025
Uruguay’s Exports Surge 13% in 2024, Cellulose Takes the Lead
Uruguay XXI, the nation's foreign trade promotion institute, reported a significant boost in Uruguay's goods exports for 2024. The country's...
January 3, 2025
Uruguayan Entrepreneurs Cautiously Optimistic for 2025
Uruguay's economy is on the mend, with a 4.1% GDP growth in the third quarter of 2024, signaling a robust...
December 27, 2024