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Chile Peso Little Changed as Euro Counters Copper Increase
Jun. 28, 2011 08:50AM PST
Base Metals Investing Bloomberg reports that the Chilean peso remains little changed as the euro increased to counter increases in the price of copper.
Bloomberg reports that the Chilean peso remains little changed as the euro increased to counter increases in the price of copper.
The market news is quoted as saying,
Copper, which accounts for half of Chile’s exports, rose as much as 0.9 percent in New York on speculation that a fall in crude-oil prices will support growth and boost demand for industrial metals.