Uruguay raises key rate.

M2 EQUITYBITES-May 18, 2022--Uruguay raises key rate

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Global Banking News - 18 May 2022

The Uruguay central bank has increased its key rate.

According to Bloomberg, the nation's central bank has increased its benchmark interest rate to 9.25 percent. It also said that it is expecting borrowing costs to keep rising.

Policy makers raised the key rate by three quarters of a percentage point on...

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