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Currency News

Chilean fruit exporters raise concerns about US dollar in decline

03 Jan 2018 21:00Fresh Fruit Portal
With Chile's summer fruit season just starting, the head of an industry association has raised concerns about an exchange rate that is now “just below the value that allows for normal profitability” in the sector. more

Chilean peso, stock market drop after presidential election result

20 Nov 2017 17:03Xinhua
SANTIAGO, Nov. 20 (Xinhua) -- The Santiago Stock Exchange fell by over 4.5 percent on Monday morning, after the opposition candidate, former president Sebastian Pinera, did not achieve the expected result in the first round of the presidential election ... more

China May Spell Short-Term Trouble For Copper (And Chile)

16 Nov 2017 12:11Seeking Alpha
Chile, which is the largest producer of copper, currently has the metal as its largest export. Therefore one can understand an implied correlation with copper price and currency power when analyzing the Chilean Peso. The correlation is seen in the ... more

Critical Analysis: Westamerica Bancorporation (WABC) and Banco Santander-Chile ...

09 Oct 2017 07:12Week Herald
Westamerica Bancorporation pays an annual dividend of $1.60 per share and has a dividend yield of 2.7%. Banco Santander-Chile pays an annual dividend of $0.85 per share and has a dividend yield of 2.6%. Westamerica Bancorporation pays out 84.2% of its ... more

Chilean peso debt to be Euroclearable from Feb 1

23 Jan 2017 06:05Reuters
LONDON Jan 23 Chile's peso-denominated bonds will become eligible for processing though post-trade services provider Euroclear from Feb 1, improving foreign investors' access to local markets, a statement said on Monday. more

Why Are Falling Copper Prices Pressuring the Chilean Peso?

23 Aug 2016 07:22Market Realist
Copper futures prices fell by 1.5% on August 22, 2016. The Chilean peso has a high correlation to copper prices—copper is Chile's major export. more

Chile's Peso Climbs to Nine-Month High on U.S. Rate Speculation

14 Apr 2016 12:57Bloomberg
The Chilean peso strengthened to its highest level in nine months as speculation the U.S. central bank will be in no rush to raise borrowing costs triggered sales of dollars to limit losses. more

Chilean Peso Rallies as Central Bank Keeps Rates Unchanged

16 Feb 2016 16:52Market Realist
The Chilean peso gained against the US dollar on February 12, 2016, on the back of an unchanged monetary policy stance by the Banco Central de Chile and a surge in commodity prices. more
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