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Tolosa: "The Interest Rate Can Control Inflation without Having to Resort to Permanent Foreign Exchange Interventions" - Diario La R
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The president of the Central Bank of Uruguay (BCU), Dr. Guillermo Tolosa, was a guest speaker of the work lunch organized by the Association of Marketing Leaders of Uruguay. In his speech he began by talking about the “new reality that lives in Uruguay”, announcing that “we have come to redefine and finish modernizing what was the monetary regime.” In that context he said that “in our last monetary policy decisions, despite the fact that inflati…
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