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Central Bank of Paraguay

Paraguay receives IDB support in financial modernization process

A recent agreement between the Inter-American Development Bank (IDB) and the Central Bank of Paraguay (BCP) will allow for sustained progress toward the modernization of the country's financial system through the adoption of International Financial Reporting Standards (IFRS). The South American…

Inflation in Paraguay falls to 2.9 % year-on-year in August

The Paraguayan Consumer Price Index (CPI) fell six tenths in August compared to the previous month and now stands at 2.9 % year-on-year, very close to the target range, according to what the Central Bank of Paraguay disclosed on Monday.…