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Paraguay’s Peña Submits Resignation Amid Ueno Bank Crisis

By The Defiant Team

Lawmakers approved impeachment proceedings with 78 votes, while the central bank outlined a first payout group for Ueno depositors.

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Central bank

The public institution that manages a country's currency, money supply and benchmark interest rate, such as the Federal Reserve or the Reserve Bank of India.

Its decisions on rates and money supply move loan costs, currencies and markets for everyone in the economy.

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