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The dollar at the global level also helps the depreciation of the Chilean peso.
The results of the constitutional plebiscite were outside of any margin expected by market analysts. The resounding victory obtained by the option “Approve” it begins to rumble in the market and in the operations outside the market hours they echo it.
According to data from the Electronic Stock Market, the exchange rate began to rise. The dollar is trading at $ 783, which would mean an increase of almost $ 7 pesos compared to the close of the currency on Friday.
It should be remembered that analysts today expect a rise in the exchange rate.
The Chilean peso is also depreciating due to a fall in copper. According to information from Bloomberg, three-month copper futures se contracted 0.32%, reaching US $ 3.11 per pound. For its part, globally the currency continues to climb waiting for clearer decisions on the fiscal package in the US and the presidential elections in that country that are just around the corner.
Developing…
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