Paraguay
Paraguay’s governor on the ‘new normal’ and inflation targeting
Central Bank of Paraguay governor Carlos Fernández Valdovinos explains why the global economy must adapt to the 'new normal' and how Paraguay is coping with falling commodity prices
Paraguayan central bank plans to expand new database
Central Bank of Paraguay aims to include wider range of data in new online platform, which was launched last week to ‘favourable reception’
Central banks expect South American inflation to stabilise
Inflation rising in several countries in South America, but central bank heads in region suggest it will ‘moderate’ when supply shocks dissipate and exchange rates normalise
People: Sri Lanka and Paraguay name new board members
RA Jayatissa and Carlos Carballo Spalding join central bank boards in Sri Lanka and Paraguay respectively; UK firm VocaLink names new CRO
IMF eyes stronger transmission mechanism in Paraguay
Latest staff report advises the Paraguayan authorities to promote a ‘well-functioning’ interbank market and create stronger incentives for ‘de-dollarisation’ in the economy
People: Philadelphia Fed gets new directors; Paraguay central banker named finance minister
Jon Evans and Carol Johnson are appointed to the Philadelphia Fed board of directors; Central Bank of Paraguay loses member of the board of directors to the government; and more
Central Bank of Paraguay reduces inflation target to 4.5%
After keeping inflation around 5% for the past three years, the central bank will now aim to shackle it at 4.5% in 2015 and 2016
Central Bank of Paraguay calls for new regulatory powers
Central Bank of Paraguay made a draft proposal to change the law, giving the institution powers to ‘change the prudential regulations according to market needs’
Paraguay’s central bank president calls for new powers
Carlos Fernández Valdovinos says the national law needs to be updated, in a manner that allows the regulator to adapt quickly in the face of emerging risks
IMF praises full-tilt reform at Paraguayan central bank
The central bank has introduced a string of reforms recently, including an overnight lending facility, a tighter benchmark rate and bi-annual inflation reports
World gold demand drops despite increased central bank purchases
Central bank purchases in 2012 reach highest level in 48 years, but Indian contraction leads global demand fall
IMF paper identifies de-dollarisation drivers in South America
Fund study says de-dollarisation of deposits and development of local capital markets key factors in Latin American countries
Stiglitz praises Chavez's "Bank of the South"
Joseph Stiglitz, a former World Bank chief economist and Nobel laureate, commended plans put forward by Venezuela's president Hugo Chavez for a regional lender for Latin America.
Paraguay's banking regulator chief resigns
Paraguay's banking regulator Rodrigo Ortiz has resigned from his post, a central bank source confirmed, according to Bnamericas. Ortiz had been head of the banking regulatory agency since 2003.
Paraguay's central bank chief approved by Senate
Fifty-three years after its creation, the Central Bank of Paraguay (BCP) is to be chaired by a woman, when the Senate awarded the position to Monica Lujan Perez dos Santos.
Paraguay's central bank president 'confirmed'
Dr Monica Perez has been confirmed by Paraguayan President Nicanor Duarte as the first female central bank president. However, she must still be formally approved by the Senate.
Paraguay appoints interim central bank president
Economist Benicio Sanchez has been chosen as interim president of the Paraguayan central bank by fellow directors following the resignation of Gabriel Gonzalez, local press reported.
Paraguay to implement electronic payment system
Paraguay's central bank (BCP) plans to implement an electronic payment system costing US$5mn in order to facilitate the flow of documents with other public bodies, local newspaper La Nacion reported.
Paraguayan president central bank corruption claim
Impeachment proceedings have begun against Paraguay's President Luis Gonzalez Macchi. The President is accused of five counts of corruption, including the embezzlement of US$26m from the central bank.
Paraguay central bank chief Raul Vera resigns
Paraguay's central bank president has resigned. The decision came on Wednesday and will weaken the government of President Luis Gonzalez Macchi as it struggles to end the country's economic crisis.
Paraguay appoints chief banking regulator
PARAGUAY - Angel Gabriel Gonzales has been re-appointed as chief banking regulator in Paraguay.
Paraguay president asks cbank board to resign
Paraguayan President Luis Gonzalez Macchi, who has shuffled his Cabinet in a growing political and economic crisis, has also asked the central bank board to resign, bank president Washington Ashwell said on Mar 15, 2001.
Paraguay inflation ends 2000 at 8.6 pct
Paraguay achieved its goal of posting single-digit inflation for the second year in a row as the consumer price index ended 2000 at 8.6 percent, the Central Bank said Dec 29, 2000.
Paraguay cbank sees 1%-1.5% GDP growth in 2000
Paraguay's economy is expected to have grown 1%-1.5% by the end of 2000, according to preliminary data, the country's central bank president Washington Ashwell said Tuesday.