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Breaking Posted 5 hours ago

Paraguay President Impeached, Detained Amid Banking Crisis

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Paraguay's rightwing president Santiago Peña was arrested minutes after impeachment over a banking crisis that suspended the Ueno bank and left 60% of the population unable to access accounts. Policymakers are investigating alleged political favoritism toward the failed institution. Emerging-market currencies face contagion risk; USD/PYG and regional EM pairs merit monitoring for capital-flight pressure.
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