October 3rd, 2014. MEF removes reserve requirements on CG local securities to non residents
Click here to read Central Bank "Circular Nº2202" for further information (available in spanish).
September 30th, 2014. The Ministry of Economics and Finance (MEF) and the Central Bank of Uruguay (CBU), decided to reduce down to 0% the reserve requirements to non-residents' holdings of local securities issued in domestic currency by the Central Government and to reduce from 50% to 30% the already operating for the CBU Securities.
Click here to access the Press Release (in Spanish only)