Uruguay Signals Aggressive Debt De-Dollarization, Pushes For Trade Deals With The E.U.
In a definitive move to bolster fiscal sovereignty, Uruguay’s Finance Minister, Gabriel Oddone, announced today that the South American nation will accelerate its pivot away from U.S. dollar-denominated debt. Speaking to Reuters in London, Oddone outlined a strategic vision to transform the country’s debt profile, aiming to have roughly half of its sovereign obligations issued … Read more
