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Tag: Central Bank Chile

RIO DE JANEIRO, BRAZIL - Chile’s peso tumbled on Wednesday, January 13th, starting the year in a volatile fashion as many had forecast. The currency dropped 2.1% to 741.66 against the dollar, bringing its decline this year to 4%. That...
RIO DE JANEIRO, BRAZIL - Chile’s Central Bank on Wednesday said the economy of the world’s top copper producer would contract by 5.75% to 6.25% in 2020, a sharper fall than previously predicted, as the coronavirus continues to weigh...
RIO DE JANEIRO, BRAZIL - Chile’s central bank held its benchmark interest rate steady at 0.5% on Monday, in line with expectations, as policymakers continue a push to stimulate the economy of the world’s top copper producing country. Traders and...
RIO DE JANEIRO, BRAZIL - The continuing coronavirus pandemic poses the most significant risk to Chile’s financial system as institutions’ capacity to take mitigating action diminishes, the country’s Central Bank warned in a report on Wednesday, November 11th. The bank...

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