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The US currency is at $ 726.13 which means a rise of $ 4.14 compared to Thursday’s session.
Dollar operations in the local market closed this Friday with a rise against the Chilean peso, despite the fact that the price of copper, the country’s main export product, keep climbing.
Internationally, there are good expectations that in the United States an agreement is reached between Democrats and Republicans to launch new fiscal support measures and thus face the economic impact of the coronavirus, a scenario that would put downward pressure on the US currency in the world.
The opposite of what happens in Europe, where talks to reach a trade between the United Kingdom and the European Union are blocked, according to authorities on both sides.
In the country, this week the government’s plan for the delivery of vaccines was released, which have already been authorized by the Institute of Public Health.
That is how The dollar closed at $ 726.13, which means a rise of $ 4.14 compared to Thursday’s session, according to Bloomberg.
Copper, meanwhile, climbed 0.90% on the London Metal Exchange, up to US $ 3,612 a pound, according to Cochilco data.
“If you follow the meeting Copper is bullish, and if we add to this the downward trend of the dollar index, the exchange rate could fall towards the support of $ 715. Otherwise, if copper fails to overcome the ceiling it is currently at , there could be a small correction, which would weaken the Chilean peso against the dollar, increasing the price of the exchange rate in Chile towards $ 730, “says XTB Latam market analyst Nataly Venegas.
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