Chile’s Peso Weakens On Year-End Flow, While IPSA Hits A Fresh Record
Key Points USD/CLP traded near 914.9, about 1.15% above the official observed fixing, as year-end positioning dominated. Offshore demand and a $7.2 billion non-resident short peso stance in derivatives kept the market defensive despite supportive local fundamentals. Chile equities closed at a record, but momentum looks stretched and leadership remains narrow. Chile’s peso opened Tuesday […]