Chile peso

Reinforcing its reputation of spotting problems early and taking action, Chile’s central bank is seeking to head off end-of-year liquidity strains by reinstating a tactic it used last year: a temporary repurchase window allowing banks to pawn bonds for cash. Continue reading »

Chile’s peso has been doing some bodybuilding. Is it time for a cold shower?

Already Latin America’s biggest gainer against the dollar this year and the third biggest winner in the world after Hungary’s forint and Poland’s zloty, the peso firmed another 1 per cent on Friday after the Fed’s announcement of a third round of quantitative easing on Thursday. Continue reading »