SENSEX
NIFTY
GOLD
USD/INR

Weather

image 24    C

Company News

The Economic Times

Company / The Economic Times

details

Paraguay bank crisis sucks life out of bustling market

Ueno Bank's recent collapse has severely affected local vendors at Mercado 4 in Asuncion, where sales have plummeted. Many customers find themselves without money, leading to decreased foot traffic and consumer spending. Although the central bank has provided some refunds to depositors, the relief has not reached the local market. Vendors express deep concerns over their ability to sustain their businesses amidst ongoing uncertainty.

13 Nov 2026 10:02 am