Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Chile’s Peso Gains as Local Economic Growth Data Spurs Demand

Chile’s peso rose for a fifth consecutive day as better-than-forecast economic data spur demand for the Andean nation’s currency.

The peso strengthened 0.3 percent to 474.98 per dollar.

The gain is “tied to inflows by investors seeking opportunities in local fixed income,” Sergio Tricio, head of research at ForexChile, said in a phone interview from Santiago.

International investors in the Chilean peso forwards market lowered their bets on the dollar beating the peso to $7.7 billion on Aug. 7 from $7.8 billion a day earlier.

Data published in the past 11 days showed Chile’s economy is growing faster than forecast with near record-low unemployment, salaries rising more than twice as fast as prices and an 8.9 percent annual increase in retail sales.

The peso is the best performing of the Latin American currencies tracked by Bloomberg this year and has appreciated 5.5 percent this quarter even as the price of copper, which makes up more than half of Chile’s exports, has fallen.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.