Uruguay Pushing Ahead With Pivot Away From Dollar Debt, Says Finance Minister

Uruguay's Ministry of Economy Gabriel Oddone speaks during a meeting of Spanish Prime Minister Pedro Sanchez (not depicted) with Spanish businessmen in Montevideo on July 22, 2025. Photo / Santiago Mazzarovich / AFP
A file image of Uruguay's Ministry of Economy's Gabriel Oddone. Oddone said Uruguay's de-dollarization aim is backed by solid investor demand, with some viewing the country's currency as "more stable than the dollar". Photo / Santiago Mazzarovich / AFP

By Karin Strohecker and Libby George

Uruguay will push ahead with shifting its government debt away from the dollar and seek the broadest trade ties possible as the Latin American nation looks to boost growth, the country’s finance minister told Reuters.

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by Reuters

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