Monday , May 23 2022

The dollar today in Chile


The positive data Imacec published today in the country also supported the depreciation of the currency of the United States.

While enthusiasm for the new approach between China and the United States and today is sealed with & # 39; meeting in & # 39; Beijing is ending in the stock markets in the emerging world continues raising prices. F & # 39; that line, the Chilean peso impulse saw the day on Monday.

At the close of trading day, the exchange rate was $ 680.1, which corresponds to a reduction of & # 39; $ 2.4 regarding price Friday.

Does & # 39; this, the local currency exchange is completely aligned with & # 39; what is happening abroad.

Currently, the international price of the currency of the United States – measured by the Dollar Index, which contrasted with & # 39; basket of world currencies – minus operating & # 39; 0.47%, standing at its lowest level in 17 weeks.

At the same time, the major emerging currencies of the world are increasing in blocks, with a few exceptions.

These movements occur in & # 39; context & # 39; increased appetite for risk after it was announced at the end of last week that the governments of China and the United States will return to sit down at the table to discuss their trade relations.

Because the trade war was one of the main pressure points for riskier assets in the last 12 months, rapprochement between Washington and Beijing benefit to this particular segment.

Moreover, it was supported by local factor to favor the national currency: in Chile was published figure Imacec was surprisingly reversed, and consolidated the idea that the economy grew by & # 39; 4% young last year.

Source link