IBOV 206,887.52 ▼ 1.04% IPSA 11,020.01 ▼ 0.21% IPC MEX 66,965.15 ▲ 0.33% MERVAL 2,869,151 — 0.00% COLCAP 2,570.34 ▲ 1.55% BVL PERÚ 60,645.95 ▼ 0.22% USD/BRL5.05▲ 0.46% USD/MXN18.56▲ 1.01% USD/CLP988.83▲ 0.64% USD/COP3,206▲ 0.36% USD/PEN3.44▲ 0.26% USD/ARS1,510▼ 0.21% USD/UYU40.20▲ 3.11% USD/PYG5,684▲ 3.29% USD/BOB11.65▲ 1.40% USD/DOP61.11▲ 3.74% USD/CRC449.35▲ 1.80% USD/GTQ7.64▲ 3.11% USD/HNL26.86▲ 3.26% USD/NIO36.62▲ 2.71% USD/VES875.71▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.77▲ 2.76% EUR/BRL5.62▲ 0.96% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 206,887.52 ▼ 1.04% IPSA 11,020.01 ▼ 0.21% IPC MEX 66,965.15 ▲ 0.33% MERVAL 2,869,151 — 0.00% COLCAP 2,570.34 ▲ 1.55% BVL PERÚ 60,645.95 ▼ 0.22% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Wednesday, October 14, 2026

Paraguayan Congress has opened with majority of the ruling party waiting for President-elect Santiago Peña

By · July 3, 2023 · 2 min read

The new Paraguayan Congress, installed for the 2023-2028 term, has a significant majority from the ruling conservative Colorado Party.

It is now awaiting the inauguration of President-elect Santiago Peña, who will have ample political support within the Legislative Power to govern for the next five years, with opposition presence providing a minority counterbalance.

Peña will assume office on August 15, succeeding Mario Abdo Benítez, both members of the Colorado Party or ANR (National Republican Association), despite their internal differences.

Congress building Paraguay.
Congress building Paraguay.
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

The Chamber of Deputies, following the general elections in April and comprises 48 representatives from the Colorado Party.

There are 22 from the Partido Liberal Radical Auténtico (PLRA) and 4 from the Partido Cruzada Nacional (PCN) – led by the detained former presidential candidate Paraguayo Cubas – and two representatives from Encuentro Nacional and Movimiento Yo Creo.

The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “World's top copper mine: strike set for Wednesday”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

One deputy each was elected from the Partido Patria Querida (PPQ) and the party País Solidario.

Among the 80 deputies elected, 22 were reelected for the new term, while 58 are newcomers to Congress.

In the Upper House, the ruling party also holds a favorable majority.

The ANR obtained 23 seats, five more than in the previous legislative period, providing sufficient strength to approve or reject projects and even sanction or dismiss parliamentarians.

The remaining seats in the Senate are distributed among the Alianza Senadores por la Patria (12 representatives), the Partido Cruzada Nacional (5 representatives), the Alianza Encuentro Nacional (2 representatives), and the Frente Guasu alliance (1 representative).

 

Key Facts

— Deep Dive

— For the complete picture, read our in-depth guide: Paraguay: Washington's Most Valued Ally in Latin America

This article was drafted with automated assistance and reviewed before publication. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map →

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.