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 ...
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 ...
The Chilean peso is forecast to maintain stability or potentially strengthen against the U.S. dollar in both the near and long term. This currency outlook is supported by what BCA describes as "decent ...
Chile’s peso may be headed for a rebound after the central bank’s two consecutive reductions in borrowing costs helped the currency tumble to its weakest level since October 2011, technical indicators ...
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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, 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, ...
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 ...