By Drew Benson
Nov. 17 (Bloomberg) -- Chile's peso fell to a two-week low as investor aversion to higher-yielding emerging markets increased after Japan entered into a recession.
Chile's peso dropped for the first time in four days, sliding 1.3 percent to 646.75 per dollar at 7:50 a.m. in New York, from 638.27 on Nov. 17. The peso touched 648.50, its weakest level since Nov. 4.
To contact the reporter on this story: Drew Benson in Buenos Aires at abenson9@bloomberg.net
Posts
No comments:
Post a Comment