Dollar opens slightly higher in Chile after frenzied day on Thursday

The exchange rate closed the day at $ 832.70, which means a slight decrease of $ 0.54 compared to Thursday.

Despite the fact that dollar operations begin the day this Friday with a small advance against the Chilean peso, after yesterday it faced a frantic session -which left it for a few moments above $ 840-, with the passing of the hours the trend changed and the US currency registered a very slight fall.

Specific, the exchange rate closed the day at $ 832.70, which means a slight decrease of $ 0.54 compared to Thursday, according to Bloomberg. Meanwhile, the Dollar Index, an indicator that compares the US currency with a basket of global currencies, scales 0.47%.

For its part, copper is trading at US $ 4.36 on the London Metal Exchange, which shows a rise of 1.80%.

Political uncertainty has marked the performance of the dollar all this week, as the presidential and parliamentary elections approach. Just between Monday and Thursday, the exchange rate has risen $ 34.99.

“The price of the dollar showed new rises after a flat start of the session, but showed strong volatility after an announcement from the Treasury. The Ministry of Finance announced that it will resume the sale of dollars with 80 million a day of the US currency, generating a fall after the announcement. In any case, indecision is seen on the last business day before the elections, although the rebound of the previous days points to a not very favorable outlook projected by the market “, says the head of Capitaria Studies, Ricardo Bustamante.

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