Uruguay Boosts Its Commitment to Dedollarization After Consolidating Low and Stable Inflation

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The Central Bank of Uruguay proposes a series of measures for Uruguayans to return their savings and investments to the peso. “It’s time to let go of the dollar pacifier,” said the president of the monetary authority

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The president of the Central Bank of Uruguay, Guillermo Tolosa, has explained a series of measures with incentives oriented to that the fixing of prices in the economy is carried out in Uruguayan pesos in order to dedollarize the country in this way. In a conference before entrepreneurs, organized by the organization Somos Uruguay, Tolosa has emphasized that [...] The entry The Central Bank of Uruguay advances a package of measures to incentiviz…