Paraguay Interest Rate

The benchmark interest rate in Paraguay was last recorded at 6.75 percent. Interest Rate in Paraguay is reported by the Banco Central del Paraguay. Interest Rate in Paraguay averaged 6.37 Percent from 2010 until 2014, reaching an all time high of 8.50 Percent in August of 2011 and a record low of 3.50 Percent in November of 2010. The benchmark interest rate in Paraguay was last reported at 6.75 percent. In Paraguay, interest rates decisions are taken by the Central Bank of Paraguay (Banco Central del Paraguay). The official interest rate is the 14-day interest rate (la tasa de 14 días). This page provides - Paraguay Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
6.75 6.75 8.50 3.50 6.75 | 2014/05 2010 - 2014 Percent Monthly

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Paraguay Interest Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-15 09:00 PM Paraguay
Interest Rate Decision
6.5% 6.0% 6.25%
2014-02-18 09:00 PM Paraguay
Interest Rate Decision
6.75% 6.5% 6.75%
2014-03-18 09:00 PM Paraguay
Interest Rate Decision
6.75% 6.75% 6.75%
2014-04-15 09:00 PM Paraguay
Interest Rate Decision
6.75% 6.75% 6.75%
2014-05-20 09:00 PM Paraguay
Interest Rate Decision
6.75% 6.75%
2014-06-17 09:00 PM Paraguay
Interest Rate Decision
6.75%
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Money Last Previous Highest Lowest Forecast Unit
Interest Rate 6.75 2014-04-15 6.75 8.50 3.50 6.75 2014-05-31 Percent [+]
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Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


RELATED NEWS

Paraguay Minimum Wages at 1658.23 PYG Thousand  
Minimum Wages in Paraguay remained unchanged at 1658.23 PYG Thousand in January of 2014 from 1658.23 PYG Thousand in December of 2013. Minimum Wages in Paraguay is reported by the Banco Central del Paraguay.
Paraguay Interest Rate at 6.75 Percent  
The benchmark interest rate in Paraguay was last recorded at 6.75 percent. Interest Rate in Paraguay is reported by the Banco Central del Paraguay.
Paraguay Balance of Trade at 86778.19 USD Thousands  
Paraguay recorded a trade surplus of 86778.19 USD Thousands in March of 2014. Balance of Trade in Paraguay is reported by the Banco Central del Paraguay.
Paraguay Exports at 951346.76 USD Thousands  
Exports in Paraguay increased to 951346.76 USD Thousands in March of 2014 from 863523 USD Thousands in February of 2014. Exports in Paraguay is reported by the Banco Central del Paraguay.
Paraguay Imports at 864568.56 USD Thousands  
Imports in Paraguay increased to 864568.56 USD Thousands in March of 2014 from 854731 USD Thousands in February of 2014. Imports in Paraguay is reported by the Banco Central del Paraguay.
Paraguay Current Account at -238.10 USD Million  
Paraguay recorded a Current Account deficit of 238.10 USD Million in the fourth quarter of 2013. Current Account in Paraguay is reported by the Banco Central del Paraguay.
Paraguay Inflation Rate at 6.10 Percent  
The inflation rate in Paraguay was recorded at 6.10 percent in March of 2014. Inflation Rate in Paraguay is reported by the Banco Central del Paraguay.
Paraguay GDP Annual Growth Rate at 12.10 Percent  
The Gross Domestic Product (GDP) in Paraguay expanded 12.10 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Paraguay is reported by the Banco Central del Paraguay.
Paraguay GDP Growth Rate at -0.10 Percent  
The Gross Domestic Product (GDP) in Paraguay contracted 0.10 percent in the fourth quarter of 2013 over the previous quarter. GDP Growth Rate in Paraguay is reported by the Banco Central del Paraguay.
Paraguay Corporate Tax Rate at 10.00 percent  
The Corporate Tax Rate in Paraguay stands at 10 percent. Corporate Tax Rate in Paraguay is reported by the Dirección General de Administración y Finanzas.
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