Real GDP expanded 4.2% in 2012Q1 from a year earlier and grew 1.9% on a seasonally adjusted basis from 2011Q4, spurred by increased in Construction as well as in Transport & Communications. In 2011Q4
The Inter-American Development Bank (IADB) will hold its Annual Meeting in Montevideo, Uruguay next March 16th ? 19th, gathering major economic decision-makers from its 48 member countries, including finance ministers and central bank presidents
Moody's raised Uruguay's rating to IG status with Positive Outlook On July 31st Moody's Investors Service upgraded to ?Baa3? from ?Ba1? the Uruguay local and foreign-currency bond ratings.
On April 3, 2012, Standard & Poor's Ratings Services raised its long-term foreign and local currency sovereign credit ratings on the Oriental Republic of Uruguay to 'BBB-' from 'BB+'. The outlook on the long-term ratings is stable.
