Since the fall of this day, foreign exchange lenders have taken advantage of the institutional exploitation of prices, which caused the exchange rate.
The rise in copper was not enough to reverse the upward trend brought about by the Chilean exchange rate over the last few days. And although this day was worsened, the organizations took advantage of the prices used for sale dollars, so the price of the Chilean Chilean division rose to $ 700.
The closure of the day left the exchange rate $ 698, which is an increase of 4.2, compared to the nearest yesterday.
With this value, the Chilean dollar arrives The highest value until February 19, 2016.
It shows that institutional purchases, especially the AFP, change the value of the American currency in the local market, compared to the Chilean peso benchmark, Mexican peso and Brazilian reality. another one They valued Chile's currency and more than 1% of the day.
In fact, in the morning, the Chilean dollar would take a break, as copper recovered around 1% in the London Metal Exchange, in England for two holidays.
But the local currencies have gone crashing in front of their classmates. And it's deadl Chile's weight fell by 3.61%, according to Bloomberg figuresThus, the second currency in the last month of the year is causing a second currency that loses the dollar. Meanwhile, Mexican pesos have risen by 3.5%.
"Chilean weights, meanwhile, are uncut money in December, disadvantages the behavior of other comparable currencies". Behind this, the copper price drop is marketed under $ 2.70. and the increase in the primary risk of the Chilean sovereign, "said Bcik in an early report.