Chile’s Peso Firms And Stocks Rebound As Softer Dollar Meets Local Tailwinds

Chile woke up to steadier markets. The peso trades near 961 per dollar and Santiago’s S&P IPSA closed Tuesday up 2.5% at 9,013—its best day in months—after the U.S. Dollar Index slipped below 99 and rate-cut hopes nudged Treasury yields lower. A gentler dollar took pressure off emerging-market FX, and local risk appetite returned. The […]