Friday, July 13, 2007

Chile stocks make cautious gains, peso firms

(Reuters) - Chile's central bank raised its monetary policy rate 25
basis points to 5.25 percent as expected on Thursday, the first
increase since July of last year, amid a rebound in both
inflation and economic growth.




The bank said further hikes this year were likely if the
current scenario holds.


Read more at Reuters.com Bonds News

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