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By Website Introductions at 07/04/08 20:54
The US was a wholly solly superpower (along with USSR if you remember history) once upon a time, but of late it has seen its economy facing several problems. Still the US dollar effects national economies of other nations as well. So when the US dollar sold at 30 pesos in Uruguay it was really an emergency situation, but the government did take steps and measures and current it stands at near 2/3 of that rateNews: Mercopress Tags: us dollar • exchange rates • inflation •
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By Website Introductions at 07/03/08 22:51
Going well with global trends and soaring above expert forecasts, inflation in Uruguay has hit a high 1.28%--the highest in more than a year.While no immediate action has been made, the government has said that once inflation gets higher, it will be ready to implement Plan B, which includes removing VAT from certain products to ease the prices. News: Mercopress Tags: inflation •
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