Macro Finance
Uruguay’s Push to De-Dollarize Boosted by New Money Market Funds
Bloomberg Markets·September 1, 2026·1 min read
Investors in Uruguay are shifting more wealth into peso-denominated money market funds and government bonds, boosting the country's de-dollarization push. The trend adds momentum to the South American safe haven's efforts to reduce reliance on the US dollar, as local currency instruments gain appeal.
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