Uruguay incrementa su Tasa de Política Monetaria en 25 puntos básicos hasta el 6 %

The Central Bank of Uruguay (BCU) announced an increase of 25 basis points to its Monetary Policy Rate (TPM) on October 8, bringing the benchmark rate to 6%. The decision was formally disclosed in a communication issued by the institution.

The primary objective of this adjustment is to align the country's inflation rate with the central bank's established targets. This move represents a tightening of monetary policy intended to manage price levels within the Uruguayan economy.