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Chile News

It is true that for the moment Chile is maintaining its external surplus, but the appreciation of its currency continues to be a threat and this is very well reflected in the fact that in this first quarter of the year, while exports had an interannual increase of 15.1%, imports registered an increase of 38.6%. Growth that reached the Chilean economy grew by 5.6% during the month of February, slightly above market projections that located it at 5.5%, is also another good news that met in recent days. And further considering that such data is not a result that motivates an action by the Central Bank to hike its benchmark rate. With the growth data economic issued, the decision that it will take the Central Bank of Chile at the meeting next Thursday, according to the expectations of the market, will be the hold steady at 6.25% rate. This would eliminate major pressures on the exchange rate. -Exceptional investments – investment, investment newsletter Exceptional, has gained profits of up to 700% with companies such as Suncor Energy (NYSE: your) hand in hand with the rise of the petroleum in this newsletter you will find companies that have benefited from this boom in commodities.

And these hikes don’t stop: If you want to know our portfolio of investment and our latest recommendations, click here another positive for Chile News occurred two weeks ago, when the Senate of Chile approved unanimously the Treaty on free trade with Colombia, being this FTA the comprehensive held between two Latin American countries and the only one that includes a chapter on procurement in the region. It also includes an investment chapter that seeks to encourage and protect the flows in both directions, through the establishment of clear rules. Chile also closed the rounds of negotiations of the FTA with China these days. During 2007, first year of the FTA with China, the growth of exports towards that country in a 140% made that you becoming the first destination of Chilean exports.