BUSINESSTHE RIO TIMES
Paraguay Stock Exchange Moves Trades to Central Bank
Paraguay's depository CAVAPY plans to connect to the central bank's real-time settlement system in August, removing commercial banks from all trades. The move shifts trade processing from commercial banks to the central bank.
Related Signal
Adjacent reporting
- Paraguay Is Quietly Rewiring Its Stock Market for Foreign Money
- Brazil Will Make Crypto Exchanges Hold Capital Like Banks
- Colombia Central Bank Shocks Traders and Fuels Steepener Bets
- Colombia Buys Dollars in Spot Market as Swap Payment Looms
- Brazil’s BTG Pactual Starts Banking in Uruguay After HSBC Buyout
- Paraguay Wants Into the Rich Countries’ Club, and Fast