Paraguay’s international reserves rise to $11.4412 billion

Paraguay’s net international reserves reached $11.4412 billion on Aug. 28, according to data from the Central Bank of Paraguay. The figure represents a substantial increase from the same month last year and remains above the balance recorded at the end of 2025, although reserves declined during August.

Reserves stood at $10.4894 billion in August 2025, meaning they increased by $951.8 million, or 9.07%, over 12 months. Compared with the $11.0135 billion recorded in December 2025, the latest figure represents a rise of $427.7 million, or 3.88%.

The monthly comparison tells a different story. Reserves totaled $11.6979 billion on July 31, so they fell by $256.6 million, or 2.19%, during August. The monthly decline has not erased the broader gains recorded over the year or since the end of 2025.

Dollar-denominated positions totaled $9.3386 billion and made up about 81.62% of all reserves. They rose $502.5 million, or 5.69%, from August 2025, but fell $402.1 million, or 4.13%, from July. The largest reduction came in dollar positions held on sight, which dropped from $1.7686 billion to $1.2973 billion, a monthly decline of $471.3 million, or 26.65%.

Dollar positions held at term increased from $7.9721 billion in July to $8.0413 billion on Aug. 28, a rise of $69.2 million, or 0.87%. Year on year, they grew by $680.1 million, or 9.24%, and represented about 86.11% of all dollar-denominated reserves. Gold also contributed to the overall increase, reaching $1.2097 billion, up $302.2 million, or 33.30%, from August 2025.