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Chile Asset Rally Faces Moment of Truth as Boric Builds Cabinet

  • Chile peso is the best performing currency in world this year
  • Speculation that central bank head will be finance minister
Currency has strengthened since Boric was elected
Updated on

The stellar start to the year for Chilean assets now hangs in the balance, dependent on one announcement by President-elect Gabriel Boric on Friday -- his finance minister.

Investors and traders have been bandying around names for the person to head economic policy for weeks, including the current central bank President Mario Marcel and former regulators such as Guillermo Larrain. For all the talk though, none are any the wiser on Boric’s cabinet choices.