Sunday , June 26 2022

The dollar reverses the initial trend and rises above $ 690 after purchases made by AFP



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The dollar rejected the decline that this morning showed against Chile's weight, due to strong purchasing waves by institutional investors, especially AFPs, market operators said.

US money opened at $ 686.20 and at 10:00 a.m. Touch a low seller of $ 685.90 seller. From that time onwards, the exchange rate had experience of turning and began to increase gradually until he settled at $ 691.3, an increase of $ 3.3 compared to the value obtained in the previous session.

Chile's weight was against the present as dollar fell against the funds of the developed countries and countries emerging due to the rise in rates from the Federal Reserve and Proposed projection for 2019.

However, the depreciation of the national currency was consistent with the reduction in copper, which was affected by the Fed.

Chile's size ranks third in the list of highest injuries in the basket of emerging markets.

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