'Chilean peso '

Chilean peso

12/04/09 06:58

Chile has a solid economy. It is a well-managed, stable, democracy with products that hold their own in international markets. Copper prices have stayed high and its beef and salmon exports have been stable. Copper hit a 13 month high in prices, and has helped the Chilean peso keep its high level. This has , however, hurt its lamb exports to a certain extent. Investment funds are flooding Chile due to changes in the Brazilian laws governing foreign currency. One problem for the Chilean authorities is the losses of the U.S. Dollar. The Governments is trying to lower the burden on the U.S. dollar in the domestic market.

Link: Chile - High peso hits lamb exports

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