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Chile's Peso Rises to Near 8-Year High on Interest-Rate Outlook

Story date: 2007-10-29 07:00:00
Added on: 2007-10-29 08:00:23


Bloomberg - Oct. 29 (Bloomberg) -- Chile's peso rose to near the strongest in eight years on speculation the Federal Reserve will cut its benchmark lending rate this week, luring capital to the higher yields of peso-denominated debt. The peso rose 0.2 percent to ...


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