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Paraguay looks to restore confidence to financial system following bank collapse

Published by CNN Business · United States 13 h ago
Paraguay looks to restore confidence to financial system following bank collapse
CNN Business

Detailed summary

Following the collapse of Ueno Bank in Paraguay, which triggered a political crisis that led to the removal and arrest of President Santiago Peña and the departure of the top leader of the Central Bank, the question remains as to whether the South American country can recover and return to the growth rates that had made it a rising star in the region’s economy.

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