Price of the dollar in Chile today, July 20: exchange rate and value in Chilean pesos

The price of the dollar has exhibited a constant increase in the country. Such a scenario causes important economic consequences, especially affecting the most vulnerable sectors of the population.

The fact that raised the alert, around the price in Chile of the North American currency, happened on Wednesday of the previous week. It was during the morning of July 6, when the currency reached a historical value of $1,000.

However, it was only a foretaste of what would happen later, in particular during the following days. The price of the US currency once more exceeded the $1,000 barrier repeatedly.

What is the price of the dollar today, July 20, and how did it close the day?

This Wednesday, and according to information from the Central Bank (BC), activity in Chile begins with an observed price of the dollar that amounts to $929,83 and yesterday the price reached $940,90. As a result of the instability in the value of the North American currency, however, the value is likely to change during trading today.

The decline in the value of the currency, according to experts, has clear reasons. The announcement of foreign exchange intervention by the Central Bank with the injection of dollars into the domestic market (US$25 billion), the rise in the price of copper and also the weakening of the greenback at the international level.

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