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Montevideo, March 29th 2024 - 13:56 UTC

Tag: Guarani currency

  • Saturday, July 3rd 2021 - 11:12 UTC

    Paraguay's inflation reaches 0.4% in June

    The guaraní is slowly losing ground to the US dollar

    Paraguay's inflation in June stood at 0.4%, according to a Central Bank report issued Friday in Asunción. The new data showed a slight improvement, compared to May's 0.6%, for a total of 1.5% in the first half of the year 2021.

  • Monday, July 14th 2014 - 23:09 UTC

    Paraguay's currency steadily becoming a 'strong' currency based on positive indicators

    The Central bank had international reserves equivalent to 20% of GDP

    The Paraguayan currency, Guaraní, is expected to revalue 1.4% against the US dollar by the end of the year becoming one Latam's strongest given its positive macroeconomic indicators. This follows a strong performance during the first half of the year when the price of the dollar in the capital Asunción wholesale money exchanges dropped from 4.450 Guaraní to 4.240, according to private consultants “Consensus Economics”.