Chile: Dollar closes at two-week highs following strong US figures and middle-east tensions.
The local exchange rate jumped by $8.45 to $979.55 - marking two-week highs. Full Article
Chile has initiated a process for investors interested in lithium and aims to have up to five new projects.
the Minister of Economy stated that the goal is to have three to five new projects in the country by the end of President Boric's government Full Article
Chile’s main index falls more than 2% following the latest record streak
The local stock market suffered significant losses, aligning with the majority of international equity markets. Full Article
Chile: Dollar rises $15 and surpasses $970 due to inflation, middle-east tensions
Dollar purchases proliferated globally, with the dollar index rising 0.67% to 106 points, its highest level since early November 2023. Full Article
Chile: The dollar closes with a slight increase above $955 following the fall in copper prices
The currency rose by $1.03 to $955.93 at the close of the Chilean market, moderating after reaching a peak of $961 past noon. Full Article
Chile: Dollar rises more than $10 and remains above $950 in early afternoon
The parity was up $ 11.69 to $ 953.8 in the early afternoon in the Chilean exchange market, after having jumped to a peak of $960. Full Article
Chile: The dollar trades flatas copper, country’s main export, resumes its climb to around $4.3 per pound
In Chile, the dollar traded flat at $942.95 according to market quotations, after falling early to a low of $937. Full Article
Chile: The dollar reverses its initial increase and loses the $945 level following CPI data.
Today's downturn came with support from external factors: the dollar index was down 0.13% at 104.16 points, and Comex copper rose 0.73%. Full Article
Chile: The CPI for March rises less than expected and annual inflation moderates to 3.7%.
The Consumer Price Index (CPI) rose by 0.4% month-on-month in March, reported the National Institute of Statistics. Full Article
Wall Street surged strongly following the latest employment signals, but Chile’s main index fell.
The Chilean S&P IPSA dropped 0.3% to 6,567.10 points, with the S&P 500 surging past 5.200 units. Full Article
Chile: The dollar rises by almost $10 and surpasses the $950 mark in early afternoon trading
The exchange rate surged to levels around $950 this Friday, after three consecutive days of declines. Full Article
The Chilean stock market rises driven by Latam and favorable winds from Wall Street.
The S&P IPSA rose 0.31% to 6,637.12 points, reclaiming lost ground from the previous session and returning to its highest levels in history. Full Article
Chile: The dollar falls more than $15 and briefly breaks below the $940 mark following a rise in copper prices.
The currency fell by $15.92 to an intraday low of $939.28 past noon in Chile, although it quickly moderated to $941.3. Full Article
Chilean Central Bank upgraded its growth projection for the year to 3% and anticipates inflation of 3.8%.
Looking ahead to the next two years, the bank reaffirms that inflation will converge to the 3% target. Full Article
Chile: USD fell by almost $15 after messages from the Central Bank and strong copper prices.
As the world's largest producer of copper, fluctuations in copper prices directly impact Chile's economic performance. Full Article