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The falling US Dollar

By News at 04/26/08 08:57

The MercoPress article explains how Uruguay is working to keep the U.S. Dollar from falling too much against the Uruguayan peso.

It is a big issue for the Uruguayan exporters and I believe the expat community as well. The combination of local inflation and a dropping US dollar is a double whammy on prices.

Money: Uruguay acts to contain US dollar fall in local market

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Uruguay Tags: us dollar • uruguayan pesos • inflation • cost of living •
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