It is one of the economic contingencies that concentrates the public agenda in the country, although the latest measures implemented by the Central Bank in order to correct the situation are already beginning to show results. The high value of the dollar reached levels not seen before in Chile, above $1,000, to the point that the issuing institute intervened to cause a decrease in the market price.
Today, the panorama is different in the country. The price of the US currency left behind the peak of the month of July, at which time it repeatedly kept constantly exceeding the $1,000 barrier.
What is the price of the dollar today, August 3, and how did it close the day?
This Wednesday, and according to information from the Central Bank on the observed dollar, the day begins with a currency value of $897,22, an important amount in terms of the fall of the last days, since throughout July it always remained above $900. In the same way, yesterday’s session, Tuesday, ended with a price of the North American currency that reached $9893,19.
The currency’s decline is due to precise reasons. First, the foreign exchange intervention of the Banco Central with the injection of dollars into the domestic market (US$25 billion)then the rise in the price of copper at the time and finally the weakening experienced by the currency at the international level.