How much is the dollar worth in Chile: check the exchange rate today, Tuesday, February 8

The dollar price in Chile it operates on the rise on Tuesday, after knowing a local inflation figure and in the midst of a drop in the prices of copper futures.

The , a rise of 0.35% compared to Monday’s close at 825.45 units, according to the Bloomberg agency.

According to Diario Financiero, the Chilean National Institute of Statistics (INE) today published the inflation data for the southern country, which rose 1.2% in January 2022, reaching a rise of 7.7% in one year.

Globally, currency and bond market traders remained focused on which central banks will raise rates the fastest and furthest this year following a rapid acceleration in global inflation.

“Global central banks have committed to a tighter turnaround,” said David Riley of BlueBay Asset Management. “As their tolerance for rising inflation is persistently lower than previously noted, we are moving to a regime where there will be more macro volatility.”

According to the Reuters agency, Lagarde’s comments on Monday, in which she said that it is not currently necessary to tighten monetary policy further, weakened the euro for the second day in a row and pushed down the bond yields of countries with a high debt such as Italy, Greece and Spain.

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