ANNUAL WRAP-UP AND PERSPECTIVES BY THE ECONOMIC TEAM In December, the Ministry of Economy and Finance (MEF), the Central Bank of Uruguay (BCU) and the Office of Budget and Planning (OPP)
EXTERNAL SECTOR Balanced increase in external trade, sustained capital inflows and reserves accumulation. In spite of the nominal and real currency appreciation, the current account of the Balance of Payments closed 2007
2008-07_Newsletter July 2008.pdf
In spite of an increasingly unfriendly international financial environment, Uruguayan growth accelerated in the second quarter of this year. The interannual rate 2008QII/2007QII posted an outstanding 24.3%