Bank of the Year Paraguay

Bank of the Year Paraguay

Corporate & Sovereign Strategy Bonds

Historically low commodity prices have hit many Latin American markets hard. Agricultural and livestock producers have seen their earnings tumble and they are trying to adapt to a new, low-price environment ahead.Meanwhile, Latin American currencies, such as Paraguay’s guaraní, have fallen sharply against the US dollar, making it more expensive to conduct business. Agricultural and livestock production accounts for the bulk of Paraguay’s economy, and roughly half the country’s population works in the industry. Soybeans and beef contributed to almost 40% of the country’s exports in the first eight months of 2015, according to data from the World Bank.Amid these difficult conditions, Paraguay’

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