The strong appreciation of the guarani against the dollar, with the exchange rate near G. 6,000, is reducing the tax base on imports and pressuring revenue for the National Directorate of Tax Revenues (DNIT). Director Óscar Orué states that although import volume grew 5.2% in dollars through April, the 20.5% depreciation of the US currency caused the taxable base in guarani to fall 16.2%, mainly affecting the customs component. DNIT maintains its revenue projection for 2026, betting on strengthened oversight and better performance of internal taxes to offset losses.
Guarani
In a match valid for the 8th round of the 2026 Women's Annual Tournament, Nacional/Humaitá and Guaraní drew 1-1 at the CARDIF 1 stadium in Luque. The result keeps Guaraní in third place, three points behind leader Libertad, while Nacional/Humaitá rises to fifth place.
An ECLAC report points out that 89% of Paraguay's public debt is external and 82% is in dollars, exposing the country to exchange rate and fiscal risks, exacerbated by low tax pressure.
Yani Areco, a Paraguayan from Bella Vista Norte, was expelled from a bus in Chile after a passenger mistook the eucalyptus aroma of her mate for marijuana. The argument escalated with insults in Guarani, and both were disembarked by the driver.
Sol Aramí Brizuela Báez, from Ciudad del Este, graduated Summa cum laude in mechanical engineering from Tufts University in Boston. During the ceremony, she displayed the Paraguayan flag and greeted those present in Guaraní.
The Minister of Industry and Commerce, Marcos Riquelme, acknowledged that the sharp fall of the dollar (about 25% in one year) is compressing margins and competitiveness of local industries, especially exporters who bill in dollars but have costs in guaranis. The US currency exchange rate opened the week at G. 6,120 in the effective exchange and G. 6,096 in the interbank market.
Despite positive macroeconomic indicators, sectoral growth is uneven, with agro-exports and trade leading, while industry and construction advance slowly. The exchange rate and a possible minimum wage increase generate tensions.
The penultimate round of the Paraguayan Torneo Apertura continues this Saturday with the only match between Guaraní and Ameliano. Meanwhile, Cerro Porteño and Nacional compete for the runner-up spot, and Olimpia, already champions, won agonizingly against Recoleta.
The Central Bank of Paraguay (BCP) celebrates April inflation at 2.3%, below the 4% target, but analyst Alejo García argues the decline is artificial, driven by a 23% appreciation of the guarani against the dollar since July 2025, not by effective monetary policy. García points to flaws in the BCP's toolkit, such as the lack of high-frequency open market operations and an 'inverted corridor' of rates, indicating structural dysfunctions.
The strong appreciation of the guarani against the dollar is squeezing profits for exporters and sectors such as construction and real estate, leading to calls for intervention and a reassessment of projects, according to analysts and trade associations.