Uruguay’s Push to De-Dollarize Boosted by New Money Market Funds

Uruguay’s Push to De-Dollarize Boosted by New Money Market Funds

Investors in Uruguay are parking more of their wealth in peso-denominated money market funds and government bonds, adding momentum to the South American safe haven’s push to reduce its dependence on the dollar.

Investors in Uruguay are parking more of their wealth in peso-denominated money market funds and government bonds, adding momentum to the South American safe haven’s push to reduce its dependence on the dollar.
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Bloomberg — Markets (EN)




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