Andrés Laconich

Andrés Laconich is an economist and educator based in Paraguay, known for his insights into the country's economic trends and challenges. He has recently been in the news discussing the unusual decline of the dollar in Paraguay, despite the typical seasonal demand that usually strengthens the currency. Laconich attributes this phenomenon to a combination of increased dollar inflows from sovereign bond emissions and a growing interest in the local real estate market, particularly from Argentine investors. He warns that while consumers may benefit in the short term from lower prices on imported goods, the long-term implications for Paraguay's export competitiveness could be concerning, as the lower exchange rate may negatively impact local producers.