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USDCLP Rises Amid Firmer Dollar, Renewed Risk-Off

CHILE
  • USDCLP extending a move higher to 808 (+1.5%) following a gap at the open.
  • The plenary session of the Constitutional Convention approved only six of 40 articles presented in the first report of the environment commission.
  • Worth noting in a Criteria Research poll released yesterday, only 36% of Chileans would vote in favour of the new constitution, highlighting the ongoing dynamic of lingering political risks for the nation.
    • 21% said they would vote to reject the new constitution and 43% said they are undecided
    • 31% approve the work done by the constitutional convention and 48% disapprove
    • Criteria polled 872 people between Feb. 25-28, report doesn’t mention margin of error

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