Macroeconomic Forecast Chile

April 2007 | Macroeconomic Forecasts

BMI View: : In line with the view we promoting for some time now, the Chilean peso has strengthened in recent weeks, and is key resistance at CLP530.00/US$. A break through this level could presage further gains, setting up a move above the higher end of the range we identified at CLP530.00-550.00/US$ in the short run.

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