On 31 January, the Chilean peso (CLP) traded at 491.6 per USD, which was 5.4% stronger than the level recorded in the same day the previous month and marked, in fact, the strongest end-of-period reading in three months. The strengthening in January contrasted a strong depreciation in December, when the CLP ended at 519.5 per USD. The Chilean peso appreciated on the back of rising copper prices in January, as Chile produces a third of the world's copper and the currency takes cues from the metal industry. However, in annual terms, the CLP lost 1.7% over the same month last year when the peso traded at 483.2 per USD.
Chile Exchange Rate
Peso strengthens in January
February 2, 2012
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Chile Economic News
October 12, 2016
In September, the Adimark GfK consumer confidence index (IPEC, Índice de Percepción de la Economía) rose slightly, inching up from August’s record-low of 31.5 points to 33.4 points.
October 7, 2016
In September, consumer prices rose 0.2% over the previous month, which came in above August’s flat reading.
October 6, 2016
In Q3, the mood among Chilean businesses improved and reached the highest level in a year.
October 5, 2016
For a third consecutive month, the mood among Chilean businesses improved in September after it had fallen to the lowest level in over seven years in June.
October 5, 2016
In August, economic activity rose 2.5% over the same month last year, according to the monthly indicator for economic activity (IMACEC).