Paraguay stays “Ba1” according to Moody’s risk rating scale

Monday, August 2nd 2021 - 08:13 UTC

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The risk assessment agency Moody's continued to give Paraguay a stable “Ba1” rating at the end of July, despite the current shaky coronavirus economic scenario. Read full article

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Michael F
Now if only Paraguay would “fix” the Guarani as a currency. Even 10 or so years after the initial proposal still no action, as we still see exchange rates for the US dollar in the 6200-6900 range over the past year. Today's rate rather similar to its rate 1 year ago. No modern currency of a stable nation should allow its currency to be considered so worthless
Aug 02nd, 2021 - 01:51 pm - Link - Report abuse 0
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