Economic Analysis - PYG: Subdued Soy Prices Will Prevent Relief In 2016 - 15 FEB 2016
Emerging Markets Monitor February 2016 / Paraguay / Economy
The Paraguayan guarani will continue to depreciate through 2016 as weak soy prices and recessions in key export markets undermine the country's exports. The unit will begin to appreciate in 2017 as...
Economic Analysis - External Debt Position Sustainable Over Medium Term - 25 NOV 2013
Emerging Markets Monitor November 2013 / Paraguay / Economy
Yields on Paraguayan sovereign debt have spiked in the last two weeks, but we believe the country's external debt position will remain sustainable over the medium term. Paraguay will continue to...
Economic Analysis - PYG: Downward Revision On EM Currency Weakness - 05 AUG 2013
Emerging Markets Monitor August 2013 / Paraguay / Economy
The sell-off that affected emerging market currencies around the globe in May and June did not leave the Paraguayan guaraní untouched, and while we believe that sell-off is over for now, we...
Market Strategy - Fixed Income: Set To Become A Regional Outperformer - 01 JULY 2013
Emerging Markets Monitor June 2013 / Paraguay / Economy
While Paraguayan sovereign debt has not been immune to the recent sell-off in global debt markets, we believe it is well-positioned from a macroeconomic perspective to be one of the outperformers...