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Uruguay’s Push to De-Dollarize Boosted by New Money Market Funds

1 source ·1 article ·1h ago

Investors in Uruguay are parking more of their wealth in peso-denominated money market funds and government bonds, adding momentum to the South American safe haven’s push to reduce its dependence on the dollar.

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Bloomberg 1

All coverage · 1 article

Bloomberg Markets ·1h ago

Uruguay’s Push to De-Dollarize Boosted by New Money Market Funds

Investors in Uruguay are parking more of their wealth in peso-denominated money market funds and government bonds, adding momentum to the South American safe haven’s push to reduce its dependence on the dollar.