Economic agents surveyed by the Central Bank of Paraguay (BCP) project that the US dollar exchange rate will continue to fall, with an expected closing value around G. 6,100 in July 2026. This is lower than the previous survey's estimate of G. 6,200. The forecast aligns with the currency's recent performance, which closed this Friday at G. 6,070 in the effective rate and G. 6,060 in the interbank exchange rate.
For August, the experts consulted in the Survey of Expectations for Economic Variables (EVE) foresee a slight increase but maintain the projection that the dollar will close 2026 at G. 6,300, below the previous month's estimate. By the end of 2027, the expectation is for the US currency to reach G. 6,500, also lower than previously forecast.
Besides the exchange rate, the survey showed stability in expectations for inflation and economic growth. The expected inflation rate for the end of 2026 remains at 3.5%, close to the BCP's official projection of 3.3%. For July, the expected monthly inflation is 0.2%, down from the previous forecast of 0.3%.
Regarding the Gross Domestic Product (GDP), economic agents maintain their growth expectation of 4.2% for 2026 and 4.0% for 2027, figures below the recently adjusted official projection of 4.5% for this year. The Monetary Policy Rate (MPR) is expected to remain at 5.50% until the end of 2026, with an anticipated reduction to 5.25% by the close of 2027.