AGP Executive Report
Last update: 9 hours agoUeno Probe: Prosecutors searched homes linked to ousted President Santiago Peña and former central bank chief Carlos Carvallo as the investigation widened to 27 people. Authorities are examining alleged placements of public and pension funds at Ueno; investigators also seized records and electronic devices. Banking Fallout: The collapse left nearly 3 million customers unable to access accounts. About 1.2 million had received payments by Saturday, but the deposit guarantee fund may need recapitalizing after covering claims. Teachers are striking over pension savings held at the bank. Central Bank: Congress approved economist Jorge Schreiner to lead the BCP, as President Pedro Alliana seeks to restore confidence. Alliana has also asked ministers and senior officials to resign. Investor Confidence: The guaraní fell more than 8% in five days, while Brazilian businesses in Paraguay warn that prolonged disruption to payments could make investors more cautious.
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