Chilean peso down 5% against the US dollar as Latam currencies head for a tough week

The Chilean Peso (CLP) is facing continued market depreciation, with a substantial drop of over 5% against the US dollar (USD). That has propelled the USD/CLP pair to reach its highest level in ten months, approaching approximately 896.0000.  The CLP has experienced a decline for three consecutive months against the US dollar. This trend is…

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