Uruguay moves forward with local currency debt financing and reduces its dependence on dollar loans

Uruguay is making strides toward its US$4.3 billion financing goal this year by issuing local currency debt on the domestic capital market. The move is a strategic response to slowing inflation, enabling Uruguay to decrease its dependence on dollar-based loans, according to Azucena Arbeleche, the Minister of Economy and Finance. As of this year, Uruguay […]

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