While there is likely to be more turbulence ahead for the Chilean peso, the big falls are probably behind us. Indeed, with the central bank intervening and copper prices likely to rise, we think it’s more likely than not that the peso will strengthen by the end of 2020, to around 730/$ (vs. 799 now).
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.