International Reserves in Chile
Chile - International Reserves
Current account registers a deficit amid increasing imports
In the third quarter, the current account balance recorded a deficit of USD 2.9 billion, a sharp retreat from the revised USD 0.3 billion surplus recorded in the previous quarter (previously reported: USD 0.2 billion). The reading exceeded market expectations of a USD 1.4 billion deficit. The current account deficit stemmed from the income balance deficit of USD 3.9 billion (Q2: USD 4.1 billion). In addition, the trade balance surplus narrowed as exports totalled USD 20.0 billion (Q2 2011: USD 21.1 billion), while imports increased to USD 19.2 billion (Q2 2011: USD 17.4 billion).
Chile - International Reserves Data
|International Reserves (USD)||38.6||40.5||39.0||39.9||40.7|
5 years of economic forecasts for more than 30 economic indicators.
Chile International Reserves Chart
Source: Chile Central Bank and FocusEconomics calculations.
|Bond Yield||3.14||-0.44 %||Dec 30|
|Exchange Rate||752.0||0.05 %||Jan 01|
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January 11, 2021
Consumer prices rose a seasonally-adjusted 0.34% in December over the previous month, swinging from the 0.13% dip seen in November.
January 5, 2021
The Adimark GfK consumer confidence index rose to 29.8 points in December, from 29.5 points in November.
January 4, 2021
In November, the IMACEC economic activity index rose 0.3% on an annual basis, following a 1.2% contraction in October and marking the best reading since February.
December 9, 2020
At its monetary policy meeting on 6–7 December, the board of the Central Bank of Chile unanimously decided to keep the monetary policy rate unchanged at 0.50%, its lowest point since 2009.
December 8, 2020
Consumer prices decreased a seasonally-adjusted 0.13% in November over the previous month, swinging from the 0.68% rise seen in October.