Central banks create the crises they are designed to manage

How issuers manage money supply, inflation, and interest rates. These rules make or break a currency's credibility as a store of value.

Paraguay's central bank initiated the statutory resolution of Ueno Bank after its solvency ratio fell below half the required minimum. Reuters reported that millions of customers temporarily lost access to accounts. Authorities appointed a resolution process to protect depositors and investigate responsibility while stressing that the failure was institution-specific, not system-wide.