Chilean Peso Falls on Low Economic Activity
The Chilean peso weakened today against the euro as the industrial output and sales rose less than forecast and the mining production fell.
Industrial sales grew 0.5 percent compared to the previous year, while the median forecast was 3.1 percent. Industrial output rose 4.2 percent, compared to the predicted 4.7 percent. The
EUR/CLP traded near 671.5200 as of 9:13 GMT today after it opened at 668.2250.
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Earlier News About the Chilean Peso:
- Chilean Peso Weakened by Turmoil on Global Markets (2010-05-26)
- Chilean Peso Profits from Earthquake Damage (2010-04-01)
- Chilean Peso Climbs After Earthquake (2010-03-03)
- Chilean Peso Down on U.S. Economic Improvement (2010-02-18)
- Chilean Peso Beats Risk Aversion on GDP Growth (2010-02-06)
