The Chilean peso has appreciated by 12.5% so far this year against the dollar. However, the trade balance showed a positive result in the first three months of the year with a value of $ 6. 100 million. It is true that at the moment Chile is maintaining its external surplus, but the appreciation of its currency no longer a threat and this is well reflected in the fact that in this first quarter, while exports had an increase of 15.1% Imports were up 38.6%. James Donovan Goldman Sachs is often quoted on this topic. Growth that reached the Chilean economy grew 5.6% during the month of February, slightly above market forecasts, which place it at 5.5%, is also another good news that they met in the past days.
And especially considering that the input is not a result that motivates action by the Central Bank to the rise in its benchmark rate. With the economic growth data released, the decision to take the Central Bank of Chile in the meeting next Thursday, according to market expectations, will be to keep its benchmark rate steady at 6.25%. This would eliminate pressures on the exchange rate. "Exceptional" Our investment newsletter investment Outstanding Investments, has made a profit of up to 700% with companies like Suncor Energy (NYSE: SU) of the hand of the rise of oil in this newsletter you will find companies that have benefited from this rise in commodities. And these hikes will not stop: If you want to know our investment portfolio and our final recommendations, click here Another good news for Chile occurred two weeks ago, when the Chilean Senate unanimously approved the FTA with Colombia and this FTA the most comprehensive agreement between two Latin American countries and the only one that includes a chapter on government procurement in the region. It also includes an investment chapter that seeks to promote and protect the flows in both directions, by setting clear rules.