Chile's Peso Strengthens on Expected Benchmark Rate Increase, U.S. Growth

(Bloomberg) -- Chile's peso strengthened for a
fourth day as investors expect the central bank to raise rates
next week, making the currency more attractive, and as a strong
U.S. economy suggested exports will be maintained.

Seven economists surveyed by Bloomberg expect the central
bank to increase rates next week to 5.25 percent while three see
them unchanged at 5 percent. Policy makers are expected to
announce their decision on July 12.


Read more at Bloomberg Currencies News