The Chilean peso rallied after inflation jumped more than was forecast by economists, reducing probability of an interest rate cut by the nation’s central bank.

The Chilean peso rose today before returning to the opening price after Chile’s central bank kept the main interest rate unchanged for the sixth time, but analysts speculate that the adverse economic conditions still may spur the bank to lower the rates.

The Chilean peso went down today even as the nation’s central bank refrained from decreasing interest rates amid concerns about impact of the European crisis on the global economy.

The Chilean peso rose today, paring its previous decline, after the Chilean central bank kept its key interest rate unchanged, but signaled about the possibility of a rate cut in the future.

The Chilean peso rose today as copper jumped, bolstered by the optimistic outlook for resolution of the debt crisis in the European Union.

The Chilean peso fell today as the economic data suggested that the US economy is slowing, therefore reducing demand from investors for higher-yielding, but riskier, currencies.

The Chilean peso rose today as the inflation is expected to jump to the highest level in two years, causing the analysts to scrap forecasts that the interest rates won’t be increased.

The Chilean peso dropped today most in twenty years after the central bank announced its intention to purchase $12 billion in the foreign-exchange market.

The Chilean peso rose today after the report showed that the nation’s industrial production increased with fastest pace in more than four years and the retail sales grew.

The Chilean peso rose today as the outlook for the exports of the raw materials improved after the US and China reported about the better-than-expected growth of the manufacturing.