Uruguay Lowers Interest Rate to 9%
Uruguay’s Central Bank (BCU) has lowered the Monetary Policy Rate (MPR) to 9%, a move reflecting the country’s lowest inflation rate since 2005. On Friday, the bank shared this news. Inflation was 4.96% in November. This rate has stayed within the target for six months. Also, core inflation reached 4.20%, near the target’s center. The […]