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View Full Version : Chile Peso Poised for Weekly Gain as Copper Boosts Trade Outlook - Bloomberg



NewsWhore
04-27-2012, 06:20 PM
Chile Peso Poised for Weekly Gain as Copper Boosts Trade Outlook (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEDYuLSPXesVWMDwgOLXWMe8JmWSw&url=http://www.bloomberg.com/news/2012-04-27/chile-peso-poised-for-weekly-gain-as-copper-boosts-trade-outlook.html)
Bloomberg
“We have seen copper rise from $3.6 a pound,” said Alejandro Araya, a currency trader at Banco Santander Chile in Santiago. “There's been some corporate dollar selling from mining companies that need pesos to finance spending on machinery and salaries.

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