Chile Peso 2018, Starts at 605.50

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jehturner
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Re: Chile Peso 2018, Starts at 605.50

Post by jehturner » Sat Jan 06, 2018 10:32 pm

Space Cat wrote:
Fri Jan 05, 2018 10:46 am
I hope to compensate for my exchange rate losses by investing in Chilean companies. At least the next couple of years should be great.
Yes, I would probably have bought the MSCI Chile ETF last year if they had finished discussing adding ETFs to our pension scheme... :(.

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Re: Chile Peso 2018, Starts at 605.50

Post by admin » Sun Jan 07, 2018 12:30 pm

Seems everyone thinks next week we will break 600:
https://www.df.cl/noticias/mercados/div ... 41443.html

and a 3.2% reading on the economy for November:
https://www.df.cl/noticias/economia-y-p ... 83239.html

seems to be a fairly broad economic expansion taking hold. Not just mining.
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599 pesos to the dollar broken

Post by admin » Mon Jan 15, 2018 9:29 am

There she blows. 599.90 was hit.
https://www.df.cl/noticias/mercados/div ... 83419.html

We broke 600, now let's see if it will stick. I suspect we have a bit more bouncing above and below the line to come, but once it stabilizes we should see a lot more under 600 days.
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
For more information visit: https://www.spencerglobal.com

From USA and outside Chile dial 1-917-727-5985 (U.S.), in Chile dial 65 2 42 1024 or by cell 747 97974.

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