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BANK CUSTOMERS WAIT TO WITHDRAW MONEY FROM BANK IN MONTEVIDEO, 2002-08-05 (photo)

IMAGE number
REU7771277
Image title
BANK CUSTOMERS WAIT TO WITHDRAW MONEY FROM BANK IN MONTEVIDEO, 2002-08-05 (photo)
Auto-translated text View Original Source
Photographer
Andres Stapff
Medium
photograph
Date
2002 AD (C21st AD)
Shooting Date
2002-08-05
Image description

Bank customers wait to withdraw money from the Republic Bank of Uruguay in the financial district of Montevideo, August 5, 2002. The promise of $1.5 billion in U.S. aid to help underpin Uruguay's ailing banking system calmed public jitters Monday, with the streets quiet as banks reopened after a run had forced their closure. Dragged down in the wake of neighboring Argentina's own economic meltdown, and buffeted by fears that giant neighbor Brazil could end up defaulting on its $250 billion public debt, Uruguay's economy has been ravaged by a savings exodus and a dive in consumer spending. REUTERS/Andres Stapff EM/GN

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REUTERS/Andres Stapff / Bridgeman Images
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