For their part, the operators believe that in another week the exchange rate will be $ 672.5.
The end of the year is approaching, and with this, many are beginning to think about a Christmas present or trips abroad. Given the boom in e-commerce, buying in this way and abroad is always a good option, so knowing more or less how much a dollar will be at the end of December can be an advantage … and the experts already have a price for the exchange rate on that date.
According to a survey of financial operators (EOF), conducted on Tuesday and Wednesday of this week, he showed that on average, experts expect the dollar in Chile to be $ 670 for 28 days, which is similar to the levels that are currently cited
For its part, a survey circulated by the Central Bank estimates that in another week the exchange rate will be 672.5 US dollars.
Annual inflation expectations are falling.
Another measurement of the issuance institute, which advises people responsible for financial decisions in various capital market institutions, shows that inflation expectations at the end of 2018 were reduced from 3% to 2.8%, as Diario Fiancero had expected.
This is confirmed by the forecast when prices will show zero fluctuations during November and December. Thus, the median of responses provided by operators indicates a CPI of 0% for the last two months of the year, and the ninth decile tends to a slight increase of 0.1%.
Gradual increase in rates
Regarding the evolution of the monetary policy (MPR), the EOF indicates that the regulatory rate will remain stable at a meeting held by the Central Bank Board from 4 to 5 December at a level of 2.75%.
Thus, operators estimate that during 2019 there will be three increases, which will be next in January, where TPM will be located at the level of 3%. Then, in May, it will reach 3.25%, to end the year at 3.5%.
The process of removing monetary incentives will continue throughout 2020, when respondents expect the rate to close at 4%.