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Published

Uruguay's BCU ups basic interest rate

Summary by Merco Press
Uruguay's Central Bank (BCU) Monetary Policy Committee decided Monday to raise the TPM benchmark interest rate from 8.5% to 8.75% in a move to make inflation and expectations 'meet' at 4.5% annually over the last 24 months. It was the first twitch to the TPM since April when it was cut from from 9%.
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Central BankCentral Bank
InflationInflation
PoliticsPolitics
MontevideoMontevideo
Uruguay EconomyUruguay Economy
Uruguay PoliticsUruguay Politics
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