Chilean Peso takes a nosedive

Posted: June 6, 2013 in Investing, News
Tags: , , ,

Over the past couple of weeks, the Chilean Peso has dropped from about 472:1 CLP/USD ratio, to nearly 505:1 as of the time of writing.

Bad news for those of us, like myself, who changed a big batch of dollars to pesos not terribly long ago. Good news for those, like myself, who continue to earn in dollars.

 

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