Home » Economy » Price of the dollar in Chile today, August 5: exchange rate and value in Chilean pesos

Price of the dollar in Chile today, August 5: exchange rate and value in Chilean pesos

The price of the dollar in Chile has been one of the economic issues that has attracted the most attention in recent weeks. Its high value generated concern, which led to the intervention of the Central Bank with the aim of modifying the panorama and stabilizing the price downwards.

Currently, favorable results are already observed. However, before the price of the currency had reached levels never seen before, above $1,000. Today, the price is far from the peak of July and this, for now, sowed calm in the market.

What is the price of the dollar today, August 5, and how did it close the day?

This Thursday, August 5, and according to the information provided by the Central Bank On the observed dollar, the session begins with the currency at $903.91. This figure indicates a decrease compared to the $907.82 of yesterday, Thursday, and rises once more above $900 pesos, as happened last Monday with $905.10.

It looks like the $.1000 is starting to move away and this is for a couple of big reasons: the foreign exchange intervention 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 also the weakening experienced by the currency at an international level.

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