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Chile central bank says injecting US$4b to halt peso slide

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Chile's central bank on Wednesday announced a US$4 billion injection to stop a currency slide that saw the peso reach historic lows on two successive days.

[SANTIAGO] Chile's central bank on Wednesday announced a US$4 billion injection to stop a currency slide that saw the peso reach historic lows on two successive days.

The peso fell to 795 to the dollar at the close on Wednesday after a previous record low of 783 on Tuesday.

The bank said it had taken the measure to "mitigate eventual tensions" in the financial markets.

AFP

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