During the last time, the value of the dollar in Chile was at various times over 900 pesos. Even in July it reached a price higher than 1,000 pesos. So, the Central Bank took measures to control this phenomenon and today the currency has an oscillating price in the Chilean market.
The increase in the price of the dollar in the market has important effects on the economic situation of households. Many goods and products that families purchase come from abroad and have therefore seen their prices rise. In addition, this unfavorable contingency influences the increase in inflation.
In this last phenomenon, other factors also influence today. They are related to the world context, such as what is happening with the stock market in the United States or the economic repercussions of Russia’s invasion of Ukraine.
What is the value of the dollar today, Wednesday December 7?
According to information released by the Central Bank, the price of the dollar observed in Chile today, Wednesday, December 7, amounts to 884.74 pesos.which indicates a slight increase to the value registered in yesterday’s session, which marked the beginning of the week.
This Tuesday the exchange rate reached 886.26 pesos, also confirming the downward trend of recent days. On November 30, the US currency was quoted at 905.70 pesos and later fell below 900 pesos, a situation that remains to this day.