The USDCLP exchange rate saw a significant decline on Thursday, Stember 26, falling 17.3300 points or 1.90% to 896.0500, down from 913.3800 in the previous trading session. This drop marks a notable shift in market dynamics, highlighting the historical context of the USDCLP which reached an all-time high of 1060.55 in July 2022.
Looking ahead, analysts predict that the Chilean Peso is expected to trade at 920.00 by the end of this quarter, based on global macroeconomic models and expectations. Further analysis suggests a potential future trading level of 940.82 within a 12-month horizon.