Markets

Chile peso ends at over 1-1/2-yr high, near 2011 intervention levels

Published April 8, 2013 Updated April 8, 2013 04:45pm

1 min

By Abdul Ahad

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SANTIAGO: Chile's peso ended at a More than year-and-a-half high on Monday, nearing levels that prompted the central bank to launch dollar-purchasing program in early 2011 to stem the currency's strength.

The peso, which is up 2.53 percent so far in 2013, firmed 0.41 percent on Monday to bid at 466.90 per dollar.

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