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View Full Version : Chile’s Peso Advances After Bigger-Than-Forecast Rate Reduction - Bloomberg



NewsWhore
01-09-2009, 12:51 PM
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Chile’s Peso Advances After Bigger-Than-Forecast Rate Reduction (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Dapi.ft.iCcKI%26refer%3Dlatin_america&cid=1291156031&ei=RYFnSc-mJJDKlQSxlaHPDQ&usg=AFQjCNFxnyUbHjHtLC6LFqCEh1nQCKVAfA)
Bloomberg - 1 hour ago
The currency gained 4 percent this week. While the rate cut reduces the yield advantage on local fixed-income assets, it’s buoying the peso by fueling ...


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