1.   Bension said Uruguay decided to float the peso after consulting the IMF, which strongly encourages developing countries to follow that approach.

2.   Floating the peso in a dollarized economy was never going to be easy.

3.   Among the new steps, Duhalde said, would be a move to float the peso on the open market within five months.

4.   His country beset by a deep economic crisis, Carlos Ruckauf said Argentine authorities are studying plans to eventually freely float the peso against the dollar.

5.   Latin American participants breathed a sigh of relief Friday, after Argentina floated its peso in the open market for the first time since devaluing the currency.

6.   Remes Lenicov said the government would on Wednesday begin freely floating the peso against the dollar.

7.   That dual exchange system has come under heavy pressure, and the government has said it is studying how to eventually float the peso freely.

8.   The government rolled out an ambitious plan to rescue the devastated economy, partially easing a hated banking freeze while announcing plans to freely float the peso at midweek.

9.   Uruguay freely floats its peso.

10.   He said the government would as soon as possible switch to a system where the Argentine peso is floated on the open market.