February 15, 2024

Our Sales & Trading Deputy Manager, Gustavo Gallardo, CMT, was consulted by Diario Financiero after the dollar closed below $960, recording its biggest drop since November 20, 2023. The Chilean peso stood out as the strongest emerging currency. The local exchange rate has been under upward pressure "misaligned with respect to its peers". "Much of the foreign flow that generated this purchase of dollars tends to adjust more," he said.