The Chilean peso rose today as the outlook for the exports of the raw materials improved after the US and China reported about the better-than-expected growth of the manufacturing.
The MSCI World Index of stocks climbed as much as 2.8 percent after the US ISM PMI advanced from 55.5 to 56.3 in August. December delivery for copper, the main export of Chile, rose 3.3 percent to $3.481 per pound on the COMEX.
USD/CLP fell from 496.75 to 496.50 today as of 10:04 GMT.
If you want to comment on the Chilean peso’s recent action or have any questions regarding this currency, please, feel free to reply below.
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