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CHILE - As widely touted yesterday, USDCLP struggled to hold onto gains following the spike higher on the reserves announcement. The retrace mirrored the move in LATAM FX yesterday but was also in line with historical moves surrounding similar announcements from the central bank. Today, USDCLP is marginally higher on the open back above 730.
COLOMBIA - Colombia's capital commences a three-day full lockdown amid an escalation of the crisis and limited ICU capacity.