Chilean Peso Goes Up as Demand for Copper Increases
The Chilean peso rose today as the outlook for the exports of the raw materials improved after the US and China reported about the
The MSCI World Index of stocks climbed as much as 2.8 percent after the US ISM PMI advanced from 55.5 to 56.3 in August. December delivery for copper, the main export of Chile, rose 3.3 percent to $3.481 per pound on the COMEX.
USD/CLP fell from 496.75 to 496.50 today as of 10:04 GMT.
If you have any questions, comments or opinions regarding the Chilean Peso, feel free to post them using the commentary form below.
Tags
Chile, China, COMEX, Copper, Export, Manufacturing, MSCI, Peso, United States, USD/CLP
Categories
Earlier News About the Chilean Peso:
- Chilean Peso Falls on Low Economic Activity (2010-07-01)
- 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)
