Bloomberg the Company

Bloomberg Anywhere Login


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

Follow Us

Industry Products

Chile Peso Posts Longest Losing Streak Since May as Copper Falls

Don't Miss Out —
Follow us on:

Feb. 20 (Bloomberg) -- Chile’s peso dropped for a fifth day, its longest losing streak in nine months, as a decline in the price of copper dimmed the outlook for export revenue.

The currency depreciated 0.2 percent to 473.11 per U.S. dollar at the close in Santiago, its weakest level since Jan. 16. The peso pared its gain this year to 1.3 percent.

“It’s moving in line with weaker copper prices,” Jose Giraz, an analyst at XDirect Chile Ltda., said in a telephone interview from Santiago.

Copper, Chile’s main export, retreated as much as 1.2 percent in New York amid speculation that a commodity fund is selling positions in metals.

To contact the reporter on this story: Eduardo Thomson in Santiago at

To contact the editor responsible for this story: David Papadopoulos at