MercoPress. South Atlantic News Agency

Paraguay's Central Bank to take action keeping US dollar from further soaring

Paraguay's Central Bank (BCP) announced Friday that it would adopt additional measures to keep the US dollar from soaring further against the local guaraní after crossing the US$1 / ₲ 8,000 barrier on Thursday. Starting next week, the BCP will pour US$15 million daily into the exchange market to keep the quotation at bay. Read full article