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HomeForex NewsChile's central bank to gradually reduce forex forward operations

Chile’s central bank to gradually reduce forex forward operations

MEXICO CITY, April 21 (Reuters) – Chile’s central bank said on Friday it will start gradually reducing its forward dollar sales operations program as of next week.

The central bank in July 2022 announced a $25 billion intervention in the foreign exchange market to support the peso after it fell to a record low. (Reporting by Fabian Cambero; Writing by Anthony Esposito; Editing by Christian Plumb)

finance.yahoo.com

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