Thursday, June 28, 2007

Chile's Peso Rises First Time in Five Days as Copper Strike Concern Grows

(Bloomberg) -- Chile's peso gained for the first
time in five days after copper, the country's biggest export,
rose amid concern of possible strikes at the state-run Codelco
mine.

``The early moves are related to copper,'' said Benjamin
Sierra, an economist at Bandesarrollo Administradora de Fondos,
which manages pension funds assets in Santiago.


Read more at Bloomberg Currencies News

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