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USDCLP Falls As Chile Studies Measures On Exchange Rate

CHILE
  • USDCLP falls -1.2% to 966.30 on headlines that Chile FM Marcel is studying measures on the exchange rate, concerned about USDCLP effects on local prices.
  • “There will be more clarity on the measures next week”
  • The pair still remains +1.6% higher on the day though after a sizeable climb, at one point +4.1% at 993.91 with copper prices sliding.

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