Economics
Chilean Peso Strengthens Ahead of Central Bank’s Policy Meeting
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Chile’s peso strengthened before today’s central bank meeting as investors waited to see whether policy makers would announce measures to contain gains that have made it the best-performing emerging-market currency since June.
The peso advanced 0.1 percent to 473.25 per U.S. dollar from 473.85 yesterday. It traded between 474.75 and 472.85 pesos per dollar today, strengthening after U.S. data showed first-time jobless claims fell last week.