Asunción

Asunción is the capital and largest city of Paraguay.

The city is located on the left bank of the Paraguay River, almost at the confluence of this river with the River Pilcomayo, on the South American continent. The Paraguay River and the Bay of Asunción in the northwest separate the city from the Occidental Region of Paraguay and Argentina in the south part of the city. The rest of the city is surrounded by the Central Department.

The city is an autonomous capital district, not a part of any department. The metropolitan area, called Gran Asunción, includes the cities of San Lorenzo, Fernando de la Mora, Lambaré, Luque, Mariano Roque Alonso, Ñemby, San Antonio, Limpio, Capiatá and Villa Elisa, which are part of the Central Department. The Asunción metropolitan area has around two million inhabitants. The Municipality of Asunción is listed on the Asunción Stock Exchange, as BVPASA: MUA.