The Chilean peso is experiencing pressure from external trade tensions, even though domestic economic indicators show remarkable strength. The U.S. dollar has gained traction as investors flock to safe havens amid rising global tariffs, with significant hikes imposed by President Trump on Mexico, Canada, and China. Chile’s economy, however, is resilient, showcasing a 6.6% annual growth in the Imacec Index, driven by robust mining and goods production, indicating that while domestic performance is strong, the international trade landscape remains a significant concern for the peso's stability.
Despite strong economic growth in Chile, the peso is impacted by external trade tensions and a stronger U.S. dollar favored by investors.
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