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Dollar in Chile today

The exchange rate ended the day at $ 672.8, up $ 3.3 from yesterday's price.

After a marked fall, registered yesterday, the dollar in Chile recorded a rebound, while investors are eagerly awaiting a meeting at which the presidents of China and the United States will attend in Argentina this weekend.

Exchange rate ended the day at $ 672.8, representing an increase of $ 3.3 compared with yesterday's price.

In this case, the local foreign exchange market is consistent with what is happening abroad. And the fact is that the international quotation of the North American currency, measured by the dollar index, which contrasts with the basket of currencies, increased by 0.43% after two days of decline.

In this context, and after the generalized achievements that were tested yesterday in this asset class, emerging currencies adjust en bloc at this time. With some exceptions, all major currencies in the segment are losing against the dollar.

Of course, the event where all eyes are placed on the market is a meeting at which presidents Donald Trump from the USA and Xi Jinping from China will hold this weekend.

The protagonists of commercial warfare, which had in vilo risk assets during 2018, will be merged into Buenos Aires as part of the G-20, and market agents will be attentive to any advertisement made for commercial purposes.

If the long-awaited copy sheds light on the growth of the tariff conflict between the two largest economies in the world, the dollar may see a new impetus. On the contrary, signs of a truce will give space to growing currencies.

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