Uruguay Interest Rate

The benchmark interest rate in Uruguay was last recorded at 9.25 percent. Interest Rate in Uruguay is reported by the Banco Central del Uruguay. Interest Rate in Uruguay averaged 7.96 Percent from 2007 until 2014, reaching an all time high of 10 Percent in January of 2009 and a record low of 5 Percent in September of 2007. In Uruguay, interest rate decisions are taken by the Central Bank of Uruguay's Monetary Policy Committee (Banco Central Del Uruguay, Comité de Política Monetaria). The official interest rate is the monetary policy rate (Tasa de Política Monetaria - TPM). This page provides - Uruguay Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
9.25 9.25 10.00 5.00 9.25 | 2014/06 2007 - 2014 Percent Monthly

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Uruguay Interest Rate
LIST BY COUNTRY

Money Last Previous Highest Lowest Forecast Unit
Foreign Exchange Reserves 16380.50 2014-02-28 16236.80 16380.50 1681.60 17262.03 2014-06-30 USD Million [+]
Interbank Rate 0.33 2014-03-15 0.33 7.11 0.33 0.25 2014-06-30 Percent [+]
Interest Rate 9.25 2014-03-31 9.25 10.00 5.00 9.25 2014-06-30 Percent [+]
Loans to Private Sector 1155.18 2014-02-28 1156.09 1805.44 78.75 1177.42 2014-06-30 USD THO [+]
Money Supply M0 43046.00 2014-02-28 40481.00 45080.00 5552.00 44497.51 2014-06-30 UYU Million [+]
Money Supply M1 110842.00 2014-02-28 108520.00 116632.00 11548.00 117975.24 2014-06-30 UYU Million [+]
Money Supply M2 189237.00 2014-02-28 186113.00 190725.00 20697.00 203195.95 2014-06-30 UYU Million [+]
[+]


Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


RELATED NEWS

Uruguay Balance of Trade at -387040.00 USD Thousand  
Uruguay recorded a trade deficit of 387040 USD Thousand in February of 2014. Balance of Trade in Uruguay is reported by the Banco Central del Uruguay.
Uruguay Changes in Inventories at 3026135.00 UYU THO  
Changes in Inventories in Uruguay decreased to 3026135 UYU THO in 2013 from 5644100 UYU THO in 2012. Changes in Inventories in Uruguay is reported by the Banco Central del Uruguay.
Uruguay Consumer Price Index (CPI) at 132.68 Index Points  
Consumer Price Index (CPI) in Uruguay increased to 132.68 Index Points in March of 2014 from 131.91 Index Points in February of 2014. Consumer Price Index (CPI) in Uruguay is reported by the Instituto Nacional de Estadística, Uruguay.
Uruguay Consumer Spending at 497808386.00 UYU THO  
Consumer Spending in Uruguay increased to 497808386 UYU THO in 2013 from 472735978 UYU THO in 2012. Consumer Spending in Uruguay is reported by the Banco Central del Uruguay.
Uruguay Current Account at -936.80 USD Million  
Uruguay recorded a Current Account deficit of 936.80 USD Million in the fourth quarter of 2013. Current Account in Uruguay is reported by the Banco Central del Uruguay.
Uruguay Employed Persons at 60.70 Percent  
The number of employed persons in Uruguay increased to 60.70 percent in February of 2014 from 60.40 percent in January of 2014. Employed Persons in Uruguay is reported by the Instituto Nacional de Estadística, Uruguay.
Uruguay Exports at 459741.00 USD Thousand  
Exports in Uruguay decreased to 459741 USD Thousand in February of 2014 from 597307 USD Thousand in January of 2014. Exports in Uruguay is reported by the Banco Central del Uruguay.
Uruguay GDP Constant Prices at 651239743.00 UYU THO  
GDP Constant Prices in Uruguay increased to 651239743 UYU THO in 2013 from 623813191 UYU THO in 2012. GDP Constant Prices in Uruguay is reported by the Banco Central del Uruguay.
Uruguay Government Budget Value at -10150.97 UYU Million  
Uruguay recorded a government budget deficit of 10150.97 UYU Million in February of 2014. Government Budget Value in Uruguay is reported by the Ministerio De Economua y Finanzas, Uruguay.
Uruguay Government Spending at 66535029.00 UYU THO  
Government Spending in Uruguay increased to 66535029 UYU THO in 2013 from 63853358 UYU THO in 2012. Government Spending in Uruguay is reported by the Banco Central del Uruguay.
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