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BCCh to Sell $200m in Spot Market Next Week In Intervention Program

CHILE
  • Bank will sell $50m/day Sep. 20-23, according to a document on its website.
  • Will also rollover $2.09b in 28-day FX forwards.
    • Sep. 20: $490m
    • Sep. 21: $550m
    • Sep. 22: $550m
    • Sep. 23: $500m
  • Will buy $400m in FX swaps.
  • For reference, Chile local markets will be closed Sept. 16 and Sept. 19

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