The Uruguay peso has floated without central bank intervention for five years. The last operation was a US$31.2 million buy; DBRS keeps the BBB rating.

The Central Bank of Uruguay completed five years on Monday without intervening in the foreign exchange market. Its last operation was a purchase of 31.2 million dollars in 2021.…

IMF chief Kristalina Georgieva praised the Argentina economic turnaround as impressive after meeting Economy Minister Luis Caputo at the G20 summit.