Chile central bank says injecting US$4b to halt peso slide
Published Wed, Nov 13, 2019 · 11:06 PM
[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
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Nomura, Mizuho face losses on All Blue fund’s failed trades
Stablecoin Tether steps up monitoring in bid to combat illicit finance
HSBC asked by US$890 billion investor group to set energy goal
Barclays is the latest firm to face anti-ESG wrath in Oklahoma
Barclays prices mortgage-backed notes in deal with GoldenTree
TD risks an earnings hit from US laundering probe, analysts say