Monday , May 17 2021

Dollar in Chile today – Diario Financiero



The first day of the month for the dollar in Chile ended with the exchange rate dropping $ 3.8, so it was $ 669.

The effects of the trade ceasefire agreed by US presidents and China on Saturday after the G20 summit in Argentina already have a direct effect on Chile. And the optimism generated by news in investors motivates emerging market currencies.

The first day of the month for the dollar in Chile ended with the exchange rate lowering $ 3.8, so it was $ 669.

Of course, at the beginning of the day the value of the North American currency on the local interbank market reached a value of 664.1.

The movement is also backed by a strong return of more than 2% experienced at this time copper futures. While greater market optimism leads the dollar to a global level, it shows a 0.17% decline against the world's largest currency basket.

After participating in the summit that has gathered the world's top leaders at the weekend, Donald Trump and Xi Ginging took part in their teams. At the meeting, the two presidents agreed to take a three-month truce for the escalation of the trade war.

The news is celebrating the markets, with the stock exchanges of Europe and Asia starting a week with significant increases, which in some cases are approaching 3%.


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