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 ...
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 ...
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 ...
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 ...
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SANTIAGO (Reuters) - After more than five years of political upheaval that threatened to polarize Chilean society, voters in Latin America's fifth-largest economy are shifting back to their ...
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 ...
SANTIAGO (Reuters) - Chile's central bank said on Thursday it would expand an intervention program aimed at ensuring liquidity and stabilizing the peso as markets globally were routed and regional ...
LOS ANGELES (MarketWatch) — Chile’s currency and stocks fell as investors prepared for the central bank’s latest interest-rate decision, due Thursday evening. The currency USDCLP traded at 478.83, ...
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