x     Uruguay’s Central Bank cut its benchmark policy rate by 75 basis points to 5.75%, from 6.5%, in a unanimous decision and the seventh consecutive reduction, as it weighed the market impact of the renewed Middle East conflict and a rebound in the U.S. dollar. In its post-meeting Monetary Policy Committee (Copom) statement, the Central Bank of Uruguay (BCU) said the move aims to “consolidate the monetary policy stance that enables inflation to converge to the 4.5% annual target and keeps

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