Central bank of uruguay News

Syria Reconnects with Global Financial Systems Through Visa and Mastercard Integration.

Syria has officially authorized local banks to collaborate with Visa and Mastercard, ending a 15-year isolation from global payment networks as part of a strategic effort to revitalize its economy.

Global Central Banks Navigate Dilemma Amidst Escalating Energy Costs and Economic Stagnation.

Major central banks, including the Federal Reserve and ECB, are holding interest rates steady as global energy prices spike, forcing a difficult balance between inflation control and economic growth.

Global Central Banks Navigate Stagnation as Energy Price Volatility Spikes.

Brazil's Central Bank Navigates Narrow Path for Interest Rate Cuts Amid Inflationary Pressure.

Brazil's central bank is expected to implement a modest interest rate cut as recent inflation data shows mixed signals. While the economy faces pressure from energy and food costs, analysts anticipate a 25 basis point reduction to 14.50%.

Global Central Banks Intensify Gold Accumulation Amid Economic Uncertainty.

Central banks worldwide have sustained a multi-year trend of aggressive gold accumulation, driven by geopolitical instability and a strategic desire to reduce dependency on the US dollar.

Bank of Mexico Signals Potential Conclusion to Interest Rate Easing Phase.

Swiss National Bank Signals Readiness for Currency Market Intervention.

Swiss National Bank President Martin Schlegel highlights an increased preparedness to intervene in foreign exchange markets to maintain price stability, citing energy-driven inflationary pressures.

Colombian Court Reviews Historic Decree Impacting Central Bank Independence.

A Colombian court has initiated a review of a decades-old decree that could potentially challenge the Central Bank's autonomy, specifically regarding its authority to adjust interest rates independently.

IMF and World Bank Restore Diplomatic and Financial Ties with Venezuela.

US Considers Easing Financial Restrictions on Venezuela's Central Bank to Bolster Recovery.

The United States is evaluating the removal of sanctions on Venezuela’s central bank to allow oil revenue to enter the economy, potentially ending years of financial isolation.

Colombia’s Government Launches Relief Measures Following Sharp Interest Rate Hike.

UAE Central Bank Bolsters Banking Liquidity Amid Regional Conflict.