Paraguay’s Sustainable Industry Demands Urgent Central Bank Action Over the Dollar Fall

Paraguay’s sustainable industry sector is demanding urgent action from the central bank in response to the sharp fall of the dollar. As of 27 August 2026, the dollar was trading at under 6,000 guaraníes in the capital Asunción, marking its lowest level in seven years. The Cámara de Industrias Sustentables del Paraguay, or Cispy, the chamber representing sustainable industries, has called for "real, concrete and urgent" intervention.

The dollar’s depreciation puts exporters, recyclers, transporters and goods gatherers at a disadvantage, as they earn in dollars but pay their costs in guaraníes. The central bank’s reluctance to buy dollars since October 2025 has been deemed insufficient by industry representatives.

The central bank’s own survey anticipates the dollar to reach around 6,150 guaraníes per dollar by the end of 2026. Cispy emphasizes that the strong guaraní is destroying competitiveness, cutting margins and jeopardizing jobs and investments. With over 25,000 families in recycling dependent on export prices, the economic impact is significant.

In addition to the exchange rate, the high cost of international freight exacerbates the issue. Paraguay’s landlocked status creates a structural logistics disadvantage for exports, making the financial strain even more severe. Despite the central bank’s past interventions, industry stakeholders now demand more proactive measures, particularly an increase in dollar purchases to stabilize the currency.