Uruguay’s Central Bank Puts Dollar Intervention Back on the Table

2026-01-27 - 18:20

Key Points A 100-basis-point cut took the benchmark rate to 6.5%, with FX intervention on the table. Officials now worry inflation could slip under 3%, below the target band. Liquidity strains and abrupt moves drive the warning. Uruguay’s central bank is preparing to act if the dollar keeps weakening locally. Governor Guillermo Tolosa said the