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View Full Version : Chile Dollar Sale Plan Not ‘Healthy’ for Exporters, Group Says - Bloomberg



NewsWhore
02-26-2009, 10:40 AM
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Chile Dollar Sale Plan Not ‘Healthy’ for Exporters, Group Says (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Da0BOKsXs3H9g%26refer%3Dlatin_america&cid=0&ei=iLimSemiH4mqlATxlbjxAw&usg=AFQjCNGRWcwD6E7hODtGa4crIbsqZXNxPA)
Bloomberg
26 (Bloomberg) -- Chile’s plan to sell $3 billion of the US currency will harm domestic companies such as wineries and miners by strengthening the peso, a move that squeezes their export profits, a wine export group said. A stronger peso is hampering ...


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