Central Bank of Paraguay re-enters markets with World Bank support

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The Central Bank of Paraguay

The Central Bank of Paraguay has taken the first major step in improving its reserve management after a legal victory cleared the way for it to re-enter international markets.

In a statement published on July 18, the central bank announced it was seeking assistance from the World Bank in the form of its reserve advisory and management programme (Ramp), to provide support as it restarts the process of investing its foreign exchange reserves.

“The World Bank Group has more than 60 years of

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