Tuesday , January 31 2023

The dollar is closing with a new increase against the Chilean peso after the international currency recovery


The dollar has increased gains against the Chilean peso at the end of operations on Friday. The depreciation of the domestic currency occurs in the climate marked by the international recovery of the US currency after two consecutive days of decline.

At the end of the interbank market, the dollar was at $ 692.5, representing a $ 1.2 advance in relation to the value reached the previous day.

The weakness of Chilean pesos is in line with the international strength of the US currency and the collapse of the currency of emerging currencies. At the regional level, the Chilean peso is the currency that depreciated most over the past five days.

With two consecutive days down, the index of the dollar index that measures the currency's behavior against the six currencies of the world operates with an advance of 0.32%.

This jump is from a context marked by the release of the United States GDP for the third quarter. The latest revision recorded a decrease of 3.5%, which was earlier estimated at 3.4%.

After the news, the statements of the President of the New York Federation generated a share of the calm among investors, Bloomberg said. In an interview with CNBC, John Villiams said the central bank would "listen to something important" in the weakness of the stock market and would adjust monetary policy if the economic conditions deteriorate.

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