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USDCLP Opens Higher, Boric's Cabinet Appointments Eagerly Awaited

  • USDCLP has opened marginally higher around 825, broadly in line with EMFX weakness. While the exchange rate may be influenced by global factors, the domestic focus is firmly on the upcoming appointments of President-elect Gabriel Boric’s cabinet.
  • Markets will be eagerly anticipating the appointment of his finance minister to determine the tone for the upcoming regime shift in the nation.
  • 9:30am local: Chile Central Bank President Mario Marcel speaks.

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