This is because, according to the study center, the change of rhetoric that had the Federal Reserve regarding rates.
In conversation with “The Great Interactive Tomorrow” Radio Agriculture, the executive Forex Chile, Daniel Soto, he referred to the collapse of the dollar, the reasons and consequences.
In this sense, the economist noted that the stock indexes in Europe and the United States are positive, however, expressed concern about the national stage. ” In Chile the dollar collapsed, listing at up to $ 695. This fact became something totally unexpected. One a few days ago, the dollar was at $ 732 . ”
The reason for the declining value of the dollar, should, according to Soto, changing story that had the Federal Reserve with respect to fees. ” While the dollar may drop to $ 685, for us is something rather momentary it will eventually be more cyclical because structurally still have the exchange rate on the $ 700 .”
Similarly, analyst Forex Chile considered that the IMACEC will be worse than expected. ” If you come to a country that has a growth lower than expected, with such a sharp slowdown, what you have to do is; will spend in fiscal terms over what had been spending to meet before the issue of domestic demand due to the lack of investment , “he said.
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