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Monetary policy rate in Paraguay from 2010 to 2018

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Source

Release date

December 2018

Region

Paraguay

Survey time period

2010 to 2018

Citation formats

Paraguay: base interest rate 2010-2018

Published by Agne Blazyte, Oct 22, 2019
In 2018, the Central Bank of Paraguay set the monetary policy rate at **** percent, having gradually decreased after reaching **** percent in 2014. Monetary policy rate, also known as base interest rate or base rate, is a percentage defined by central banks to determine the cost of credit in a given economy. This indicator serves as a guide for other financial institutions to set their own interest rates.
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