Strong Guaraní against the dollar helps contain prices in Paraguay

Exchange rate stability and inflation control

The strengthening of the guaraní against the dollar played a fundamental role in containing price increases in Paraguay, with special emphasis on imported products. This evaluation is part of the latest macroeconomic scenario report released by Itaú bank, originally published by the newspaper La Nación.

In addition to pointing out the positive effects of exchange rate dynamics on inflation, the financial institution kept its economic growth projection for the country unchanged, set at 4.5% for the analyzed period.

Main points of the macroeconomic report

• The guaraní showed strengthening against the US currency.
• The appreciation of the local currency helped contain price hikes for imported items.
• Itaú bank maintained the growth projection for Paraguay's Gross Domestic Product (GDP) at 4.5%.
• The analysis was detailed in the latest macroeconomic scenario report for Paraguay.

Impacts for business and investments

For business owners, investors, and Brazilians living in Paraguay, the stability and appreciation of the guaraní against the dollar bring greater predictability to operating costs, especially for those who depend on the importation of supplies and goods. Maintaining the solid economic growth outlook at 4.5% reinforces the favorable macroeconomic environment for financial business planning in the country.

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