Chile has joined the “currency wars” with a hefty $12bn war chest. Traders, for the moment, are in retreat. The peso weakened by 4 per cent early on Tuesday after the central bank announced the ...
BCH has suffered because of the depreciation of the Chilean Peso. For 2025, I’m expecting some stability in the exchange rate, mostly because of a rosy outlook on copper exports. Further, the interest ...
Chile's tumbling currency and runaway inflation are testing the Andean copper giant's economic and financial systems, and complicating President Gabriel Boric's plans to push through a tax reform bill ...
(MENAFN- The Rio Times) The USD/CLP exchange rate continues to trade in a consolidation pattern, with the pair currently positioned around the 940-942 range as markets head into the evening session.
SANTIAGO, Oct 3 (Reuters) - Chile's sliding peso got a shot in the arm in July from a huge $25 billion central bank intervention, but in recent months has been one of the region's worst performers, ...
After years of dealing with a strong local currency, Chilean wine exporters began celebrating the peso’s decline versus the U.S. dollar, but the cheering subsided when Chile’s new administration in ...
SANTIAGO, July 15 (Reuters) - Chile's central bank announced a $25 billion intervention in the foreign exchange market to support the peso after it fell to a record low, giving the currency a boost on ...
Banco del Estado sold Chile’s first blue bond on global markets in October, joining a wave of such issuances by Latin ...