End of preview - This article contains approximately 341 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
Economy & Business - December 2010 (ISSN 1741-7430)
URUGUAY: The problems of a strong peso
At the end of November the
peso strengthened through the Ur$20:US$1 level. The strength of the peso is now
a problem for Uruguayan policymakers. In real terms it is now about 30% stronger
against the US dollar than its average for the past 40 years. As the Euro is
even weaker than the dollar, Uruguayan exporters are in an even more difficult
position in European markets.
- What does the Euro crisis mean for Latin America?
- Best of the West
- MEXICO: Getting worse
- BRAZIL: What an inheritance
- ARGENTINA: Inflation the issue
- CHILE: A bit slower
- PARAGUAY: Fiscal deficit worries
- URUGUAY: The problems of a strong peso
- BOLIVIA: OK but problems loom
- COLOMBIA: Santos hails peso depreciation
- ECUADOR: Government bullish on growth
- VENEZUELA: GDP growth of 2% in 2011
- PERU: Still surging
- COSTA RICA: What the bank credit numbers mean
- CUBA: Raúl calls for more debate
- DOMINICAN REPUBLIC: Central bank forecasts 6% inflation for 2010
- EL SALVADOR: Economy rises up Funes's agenda
- GUATEMALA: Congress approves budget
- HONDURAS: IMF approves Lobo's plans
- NICARAGUA: 3% growth in 2010
- PANAMA: Bullish
- METALS: Paraguay's aluminium industry
- ENERGY SHALE GAS: A big project for Argentina
- AGRIBUSINESS: Brazil's record year
- Spanish companies confident about Latin America
- Why Uruguay's credit rating is rising