The dollar in Chile today


At the end of daytime operations, China-related concerns have led investors to safer wealth.

China's weak economic figures, published on Friday, are characterized by a pattern of dollar behavior in Chile and the world, as investors bet on assets labeled as "refugees".

At the end of operations on the local market, the exchange rate was USD 685.3, which is an increase of USD 3.3 according to yesterday's closed prices.

This repeats the behavior of the reference currency abroad, where the dollar index, opposed by the basket of six international currencies, increased by 0.47% and is one-month.

At the same time, the most widespread currencies in the world are in blocks, with the only exception of the Japanese yen, which is also considered a collateral asset. There is not one new currency on this line that could use the dollar at the time.

These results are given after China reported the number of industrial production that was below market expectations and again triggered warnings about the impact that the economic war would have on the economy.

Since the beginning of the tariff dispute between the Asian giant and the United States, concerns have focused on the impact it may have on the dynamics of growth in the world and in the two largest economies in the world.

In addition, the national currency for the needs of the Chilean peso is, as a rule, related to copper shifts and given that China is the main consumer of metals on a global scale, signs of a slowdown in production in the country affect the price.


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