(Bloomberg) -- Chile's peso strengthened on
speculation the central bank to increase rates next week, making
the currency more attractive for investment.
The central bank has held the benchmark rate steady at 5
percent since dropping to that level in January. Four analysts in
a Bloomberg survey expect the central bank to maintain rates at 5
percent while three expect the rates to rise to 5.25 percent when
policy makers meet July 12.
Read more at Bloomberg Currencies News
speculation the central bank to increase rates next week, making
the currency more attractive for investment.
The central bank has held the benchmark rate steady at 5
percent since dropping to that level in January. Four analysts in
a Bloomberg survey expect the central bank to maintain rates at 5
percent while three expect the rates to rise to 5.25 percent when
policy makers meet July 12.
Read more at Bloomberg Currencies News
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