Paraguay policy interest rate
Banco Central del Paraguay tasa de interés de política monetaria (TPM), set by the Comité de Política Monetaria (CPM) at its monthly meetings under the inflation-targeting framework (meta 3.5%).
| Current value | 5.5 percent |
|---|---|
| In force from | 2026-02-20 |
| Official source | BCP — Comunicado de Política Monetaria, 23 junio 2026 (Comunicados del CPM) |
| Last verified | 2026-07-16 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
Cut 25bps from 5.75% to 5.50% at the 20 Feb 2026 CPM meeting ('En su reunión de la fecha, el CPM decidió, por unanimidad, reducir la TPM de 5,75% a 5,50% anual'), completing a cumulative 50bp reduction since January 2026; held unchanged at the March, April, May and June 2026 meetings (June comunicado: unanimous hold at 5.50%, 'coherente con una posición neutral'). CPI inflation was 2.4% y/y in May 2026, below the 3.5% target; 2026 GDP growth projected at 4.2%. Next CPM meeting: 23 July 2026 (comunicado published from 15:00 the same day). Note: the rate is set by the CPM (Comité de Política Monetaria), not CEOMA — the Comité de Ejecución de Operaciones de Mercado Abierto only implements open-market operations. Landing page listing all comunicados: https://www.bcp.gov.py/comunicados-del-cpm (bcp.gov.py blocks non-browser clients; PDFs verified directly).
Earlier values
| From | Value | Source |
|---|---|---|
| 2024-03-21 | 6 | BCP — Comunicado de Política Monetaria, 21 marzo 2024 (-25bp |
| 2026-01-23 | 5.75 | BCP — Comunicado de Política Monetaria, 23 enero 2026 (-25bp |
Get it programmatically
curl https://latamref.dev/v1/py/policy-rate
# $0.001 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://latamref.dev/v1/py/policy-rate/history?from=2020-01-01
# Provenance: curl https://latamref.dev/provenance/py/policy-rateOther Paraguay series: VAT rate · minimum wage · public holidays · inflation rate (CPI) · corporate tax rate · income tax rates