Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, February 22nd 2025 - 18:30 UTC

Tag: Paraguay Central Bank

  • Monday, February 3rd 2025 - 08:44 UTC

    Paraguay's BCP outlines scenario under Trump's policies

    Trump's measures target “those countries with which the US maintains high trade deficits such as Mexico and China,” the BCP stressed

    Paraguay's Central Bank (BCP) has picked up the glove from US President Donald Trump's barrage of protectionist economic measures and spoke of higher financing costs among the possible consequences of the Republican leader's policies. In addition, the US dollar would keep its upward trend against the guarani amid global uncertainty. Hence, there would be no room for a reduction in benchmark interest rates.

  • Friday, December 27th 2024 - 10:07 UTC

    IMF approves US$245 million disbursement for Paraguay

    The IMF found that economic activity in Paraguay “continues to be dynamic.”

    After concluding the fourth review of the Policy Coordination Instrument (PCI) with Paraguay as well as the second one on the Resilience and Sustainability Facility (SRS), the International Monetary Fund (IMF) approved a disbursement of US$186.28 million in Special Drawing Rights (SDRs) representing nearly US$ 245 million to help the South American country's green energy matrix expansion.

  • Thursday, October 3rd 2024 - 10:07 UTC

    Paraguay's Central Bank reports 0.2% inflation in September

    Price contractions in various agriculture items helped buffer the overall impact on consumers

    According to a report from Paraguay's Central Bank (BCP) released Wednesday in Asunción, the South American country's inflation in September stood at 0.2% for a cumulative 2.9% so far this year, which represented a yoy setback from the 2.5% in the same period of 2023.

  • Saturday, June 17th 2023 - 10:16 UTC

    Paraguay foreign trade rebounds in May, surplus of US$ 1,261 billion

    The Central Bank of Paraguay (BCP) reveals that exports in May 2023 reached a total value of US$ 7,174.9 million, marking a significant 26.9% increase

    The latest foreign trade report from the Central Bank of Paraguay (BCP) reveals that the country’s exports in May 2023 reached a total value of US$ 7,174.9 million, marking a significant 26.9% increase compared to the same month in the previous year.

  • Monday, August 2nd 2021 - 08:13 UTC

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

    Paraguay's Central Bank also showed promising figures for the country's economy

    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.

  • Tuesday, June 25th 2013 - 18:34 UTC

    Paraguay poised to become fastest growing economy this year, 13%

    Agriculture, livestock and construction the three main boosters

    Paraguay's economy expanded 14.8% in the first quarter compared with the same period last year, driven mainly by farming, cattle-ranching and construction activity, the central bank said. GDP surged 8.8% in the first quarter versus the fourth quarter of 2012.