Brazilian gangs were able to use Paraguay's currency exchanges to launder vast quantities of drug money Brazilian criminal gangs were able to use official currency exchanges in Paraguay to launder ...

Paraguay has seized 25 metric tons of Venezuelan currency, an illustration of how this soon to be worthless cash is highly valuable to counterfeiters looking to convert it into US dollars. The stash ...

The Government of Paraguay made history Monday by issuing international bonds worth US$ 500 million for the first time in local currency, it was reported in Asunción. “Paraguay makes history by ...

(Bloomberg) -- Paraguay’s incoming finance minister, Carlos Fernandez, wants to reduce the government’s dependence on dollar funding by making it easier for foreign investors to buy local currency ...

Paraguay's inflation in June stood at 0.4%, according to a Central Bank report issued Friday in Asunción. The new data showed a slight improvement, compared to May's 0.6%, for a total of 1.5% in the ...

Carlitos Rejala has already proposed a Bitcoin bill in the nation and now may want to make it the country's official currency if elected. Rejala is the same politician from Paraguay that proposed a ...

FILE PHOTO: A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration(REUTERS) In the wake of El Salvador's dramatic move to ...

The US dollar traded near 6,966.26 Guarani on average, up 1.8% from 6,843.01 Guarani on average the previous day. Over the past week, the US dollar has recorded a 0% decline; despite this, ...

Paraguay is the second poorest country in South America, with an unemployment rate pushing 16 percent and more than 35 percent of its population living in poverty. The Paraguay guarani runs about ...