The dollar was able to reverse the downtrend with which it dawned. And in the midst of another unfavorable day for international markets, the Chilean peso became the second emerging currency, which depreciates the most in the world.
It began, but quickly recovered. The dollar has completely changed its position and closed today's session with strong growth against the Chilean peso.
The US currency rose by 0.60% today against the local currency after closing at 698.00 pesos, which is 4.20 pesos more than the previous day.
This is your best value since February 2016.
The day began with red dollar-denominated figures tied to foreign markets and at the price of copper, which rose by 0.99% and zeroed at $ 2,717 per pound, but increased demand for dollars by private funds took a radical turn.
Of course, a possible copper rebound may stabilize the exchange rate, and the dollar may not exceed 700 in the next sessions. This is due to the possible recovery in the red metal price after signals of an agreement in a commercial war between the United States and China.