PDA

View Full Version : Chilean Peso Soars Most Since 1998 on $50 Mln-a-Day Sale Plan - Bloomberg



NewsWhore
02-24-2009, 10:10 AM
<img alt="" height="1" width="1">
Chilean Peso Soars Most Since 1998 on $50 Mln-a-Day Sale Plan (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaUoPBdIlO0x4%26refer%3Dnews&cid=1307567788&ei=Vg6kScz0CuOPmAe0s4SJCw&usg=AFQjCNEhXFjI87df9A9hw87YDqXTvvGdjw)
Bloomberg
24 (Bloomberg) -- Chile’s peso soared the most since 1998 after the government announced plans to auction $50 million a day to convert foreign investments into local currency needed to fund an economic stimulus plan. The peso jumped 4.2 percent to ...


More... (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaUoPBdIlO0x4%26refer%3Dnews&cid=1307567788&ei=Vg6kScz0CuOPmAe0s4SJCw&usg=AFQjCNEhXFjI87df9A9hw87YDqXTvvGdjw)