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Montevideo, March 19th 2025 - 23:30 UTC

Tag: Guaraní quotation against the US dollar

  • Wednesday, March 19th 2025 - 14:23 UTC

    Dollar quotation projected to rise in Paraguay

    The BCP sold US$ 216 million to the local financial market last week in an effort to contain volatility

    The US dollar is continuing to rise in Paraguay despite the Central Bank (BCP) selling US$ 216 million to local financial institutions to stabilize the currency. Experts predict the dollar could reach ₲ 8,000 in the first half of 2025, driven by international tensions and a weak soybean market.

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