Chile central bank says injecting US$4b to halt peso slide
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[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
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar