IBOV 173,325.65 ▼ 0.03% IPSA 10,954.04 ▲ 0.52% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,281,979 — 0.00% COLCAP 2,301.34 ▲ 0.13% BVL PERÚ 56,620.35 — — USD/BRL5.07▼ 0.09% USD/MXN17.41▼ 0.03% USD/CLP936.65▲ 0.10% USD/COP3,214▼ 1.28% USD/PEN3.40▲ 0.07% USD/ARS1,476▼ 0.12% USD/UYU40.11▲ 1.23% USD/PYG6,045▲ 1.76% USD/BOB10.80▲ 2.69% USD/DOP58.00▼ 0.34% USD/CRC446.12▲ 1.15% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 0.55% USD/TTD6.73▲ 1.11% EUR/BRL5.79▼ 0.61% BRENT 94.36 ▲ 3.68% WTI 87.27 ▲ 2.78% IRON ORE 161.91 — — COPPER 6.51 ▼ 0.02% GOLD 4,125 ▲ 1.33% SILVER 59.58 ▲ 1.27% SOY 1,232 ▲ 0.98% CORN 482.25 ▲ 6.52% WHEAT 698.00 ▲ 2.95% COFFEE 320.05 ▼ 3.58% SUGAR 14.75 ▼ 0.87% ORANGE JUICE 142.20 ▼ 1.11% COTTON 80.43 ▲ 1.86% COCOA 5,443 ▼ 2.92% BEEF 223.05 ▼ 1.53% CATTLE 344.88 ▼ 2.02% LITHIUM 69.08 ▲ 3.23% PETR4 42.17 ▲ 1.22% VALE3 72.24 ▲ 0.43% ITUB4 42.73 ▲ 0.47% BBDC4 18.67 ▲ 0.65% ABEV3 15.79 ▼ 0.06% BBAS3 21.03 ▲ 0.72% B3SA3 15.31 ▲ 0.92% WEGE3 42.47 ▼ 1.53% PRIO3 58.18 ▲ 0.85% SUZB3 41.75 ▲ 0.29% RENT3 36.63 ▲ 0.22% AZZA3 17.53 ▲ 0.29% CSAN3 3.81 ▲ 0.79% RAIZ4 0.28 ▲ 3.70% PCAR3 2.74 ▲ 0.37% GMAT3 3.85 ▲ 0.52% PSSA3 53.89 ▲ 0.77% CVCB3 1.14 ▲ 1.79% POSI3 3.70 ▲ 0.54% SLCE3 13.75 — 0.00% NATU3 8.72 ▲ 0.11% BRKM5 5.80 ▲ 1.58% RANI3 7.91 ▲ 0.25% CSNA3 5.11 ▲ 0.99% CMIN3 5.62 ▲ 0.72% USIM5 8.49 ▲ 0.35% GGBR4 23.49 ▼ 0.55% ENEV3 25.42 ▼ 0.90% CPFE3 46.51 ▲ 0.24% CMIG4 11.03 ▲ 0.09% EQTL3 38.79 ▼ 0.10% LREN3 13.35 ▲ 0.60% VIVT3 35.98 ▲ 0.50% RAIL3 13.34 ▲ 0.76% KLABIN 17.67 ▲ 0.45% RAIA DROGASIL 18.09 ▼ 0.22% RDOR3 33.93 ▲ 0.03% HAPV3 11.24 ▼ 2.68% FLRY3 16.61 ▲ 0.36% SMTO3 15.70 ▲ 0.77% UGPA3 32.01 ▲ 0.60% VBBR3 34.18 ▲ 0.68% BBSE3 41.68 ▲ 0.31% BPAC11 55.37 ▼ 0.84% CURY3 29.95 ▼ 0.80% AERI3 2.07 ▲ 1.47% VIVARA 21.41 — 0.00% COMPASS 24.71 ▲ 1.10% VAMOS 3.13 ▲ 1.29% SANB11 27.00 ▼ 0.77% ASAI3 8.36 ▲ 1.33% SBSP3 28.60 ▼ 1.31% WALMEX 49.15 ▼ 0.47% GMEXICO 209.54 ▲ 4.34% FEMSA 226.99 ▲ 0.01% CEMEX 22.07 ▲ 0.87% GFNORTE 185.80 ▲ 3.22% BIMBO 59.39 ▼ 0.18% TELEVISA 9.70 ▼ 0.10% AMX 22.76 ▲ 0.09% GAP 378.85 ▲ 0.17% ASUR 274.96 ▲ 0.22% OMA 225.89 ▼ 0.24% KOF 181.05 ▲ 0.13% GRUMA 282.60 ▼ 1.74% KIMBER 38.40 ▲ 0.03% SQM-B 64,540 ▲ 2.25% COPEC 6,450 ▲ 4.03% BSANTANDER 79.01 ▲ 3.84% FALABELLA 5,919 ▲ 0.75% ENELAM 84.53 ▲ 0.50% CENCOSUD 2,028 ▲ 1.66% CMPC 1,084 ▲ 1.67% BANCO CHILE 190.01 ▲ 1.89% LATAM AIR 24.20 ▼ 0.86% YPF 80,625 ▲ 1.80% GGAL 7,965 ▲ 1.53% PAMPA 5,475 ▲ 3.89% TXAR 679.00 ▲ 1.27% ALUAR 973.00 ▲ 1.41% TGS 9,710 ▲ 2.21% CEPU 2,340 ▲ 2.23% MIRGOR 16,775 ▼ 2.04% COME 42.87 ▼ 0.19% LOMA NEGRA 3,605 ▲ 0.91% BYMA 292.25 ▼ 0.51% TELECOM ARG 4,255 ▲ 2.65% ECOPETROL 16.53 ▲ 3.09% BANCOLOMBIA 83.64 ▲ 3.49% GRUPO AVAL 5.09 ▲ 2.83% CREDICORP 391.10 ▲ 1.10% SOUTHERN COPPER 188.01 ▲ 7.39% BUENAVENTURA 31.25 ▲ 3.96% MERCADOLIBRE 1,823 ▼ 0.53% NUBANK 14.39 ▲ 2.86% XP 16.85 ▲ 0.30% PAGSEGURO 9.58 ▲ 3.12% STONE 11.26 ▲ 1.21% GLOBANT 32.10 ▼ 0.59% TECNOGLASS 45.15 ▼ 2.08% GAP AIRPORT 217.68 ▲ 0.26% ASUR 274.96 ▲ 0.22% OMA AIRPORT 104.23 ▲ 0.21% AMX ADR 26.09 ▼ 0.04% FEMSA ADR 130.35 ▲ 0.26% CEMEX ADR 12.70 ▲ 1.68% PETROBRAS ADR 18.54 ▲ 1.92% VALE ADR 14.25 ▲ 1.06% ITAU ADR 8.40 ▲ 0.96% SANTANDER BR 5.40 ▲ 0.56% AMBEV ADR 3.11 ▲ 0.97% CSN 1.01 ▼ 0.50% GERDAU 4.64 ▼ 0.85% LATAM ADR 51.58 ▼ 0.31% BTC 65,559 ▼ 1.42% ETH 1,919 ▼ 0.48% SOL 77.28 ▼ 1.06% XRP 1.14 ▼ 0.59% BNB 570.21 ▼ 0.59% ADA 0.17 ▼ 0.32% DOGE 0.07 ▼ 1.25% AVAX 6.51 ▼ 0.78% LINK 8.60 ▼ 0.51% DOT 0.84 ▼ 1.16% LTC 46.72 ▼ 0.20% BCH 220.88 ▼ 1.26% TRX 0.33 ▲ 0.05% XLM 0.19 ▼ 1.88% HBAR 0.07 ▲ 1.99% NEAR 1.88 ▼ 3.00% ATOM 1.47 ▼ 1.22% AAVE 96.56 ▲ 1.03% SELIC 14.25% EMBRAER 82.76 ▲ 0.13% EMBRAER ADR 65.47 ▼ 0.70% JBS 11.95 ▼ 0.67% JBS BDR 60.22 ▼ 0.94% MBRF3 15.07 ▼ 0.26% MBRFY 2.95 ▲ 1.37% INTER 5.58 ▼ 0.71% EGX 53,932 ▼ 0.11% USD/ZAR16.44▼ 0.19% USD/NGN 1,376 — 0.00% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY163.08▼ 0.06% USD/CNY6.76▼ 0.07% DAX 25,170 ▲ 0.63% CAC 8,453 ▲ 1.08% FTSE 10,739 ▲ 1.45% MIB 52,782 ▲ 0.95% IBEX 19,622 ▲ 1.25% STOXX 647.36 ▲ 0.65% EUR/USD1.14▲ 0.12% GBP/USD1.34▼ 0.49% SPX 7,509 ▲ 0.89% DJI 52,225 ▲ 0.74% NDX 29,155 ▲ 1.93% RUT 2,987 ▲ 1.53% TSX 35,369 ▲ 1.17% VIX 17.51 ▲ 2.70% USD/CAD1.41▼ 0.13% US10Y 4.6340 ▲ 0.13% IBOV 173,325.65 ▼ 0.03% IPSA 10,954.04 ▲ 0.52% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,281,979 — 0.00% COLCAP 2,301.34 ▲ 0.13% BVL PERÚ 56,620.35 — — USD/BRL 5.07 ▼ 0.09% USD/MXN 17.41 ▼ 0.03% USD/CLP 936.65 ▲ 0.10% USD/COP 3,214 ▼ 1.28% USD/PEN 3.40 ▲ 0.07% USD/ARS 1,476 ▼ 0.12% USD/UYU 40.11 ▲ 1.23% USD/PYG 6,045 ▲ 1.76% USD/BOB 10.80 ▲ 2.69% USD/DOP 58.00 ▼ 0.34% USD/CRC 446.12 ▲ 1.15% USD/GTQ 7.62 ▲ 2.33% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 0.55% USD/TTD 6.73 ▲ 1.02% EUR/BRL 5.79 ▼ 0.61% BRENT 94.36 ▲ 3.68% WTI 87.27 ▲ 2.78% IRON ORE 161.91 — — COPPER 6.51 ▼ 0.02% GOLD 4,125 ▲ 1.33% SILVER 59.58 ▲ 1.27% SOY 1,232 ▲ 0.98% CORN 482.25 ▲ 6.52% WHEAT 698.00 ▲ 2.95% COFFEE 320.05 ▼ 3.58% SUGAR 14.75 ▼ 0.87% ORANGE JUICE 142.20 ▼ 1.11% COTTON 80.43 ▲ 1.86% COCOA 5,443 ▼ 2.92% BEEF 223.05 ▼ 1.53% CATTLE 344.88 ▼ 2.02% LITHIUM 69.08 ▲ 3.23% PETR4 42.17 ▲ 1.22% VALE3 72.24 ▲ 0.43% ITUB4 42.73 ▲ 0.47% BBDC4 18.67 ▲ 0.65% ABEV3 15.79 ▼ 0.06% BBAS3 21.03 ▲ 0.72% B3SA3 15.31 ▲ 0.92% WEGE3 42.47 ▼ 1.53% PRIO3 58.18 ▲ 0.85% SUZB3 41.75 ▲ 0.29% RENT3 36.63 ▲ 0.22% AZZA3 17.53 ▲ 0.29% CSAN3 3.81 ▲ 0.79% RAIZ4 0.28 ▲ 3.70% PCAR3 2.74 ▲ 0.37% GMAT3 3.85 ▲ 0.52% PSSA3 53.89 ▲ 0.77% CVCB3 1.14 ▲ 1.79% POSI3 3.70 ▲ 0.54% SLCE3 13.75 — 0.00% NATU3 8.72 ▲ 0.11% BRKM5 5.80 ▲ 1.58% RANI3 7.91 ▲ 0.25% CSNA3 5.11 ▲ 0.99% CMIN3 5.62 ▲ 0.72% USIM5 8.49 ▲ 0.35% GGBR4 23.49 ▼ 0.55% ENEV3 25.42 ▼ 0.90% CPFE3 46.51 ▲ 0.24% CMIG4 11.03 ▲ 0.09% EQTL3 38.79 ▼ 0.10% LREN3 13.35 ▲ 0.60% VIVT3 35.98 ▲ 0.50% RAIL3 13.34 ▲ 0.76% KLABIN 17.67 ▲ 0.45% RAIA DROGASIL 18.09 ▼ 0.22% RDOR3 33.93 ▲ 0.03% HAPV3 11.24 ▼ 2.68% FLRY3 16.61 ▲ 0.36% SMTO3 15.70 ▲ 0.77% UGPA3 32.01 ▲ 0.60% VBBR3 34.18 ▲ 0.68% BBSE3 41.68 ▲ 0.31% BPAC11 55.37 ▼ 0.84% CURY3 29.95 ▼ 0.80% AERI3 2.07 ▲ 1.47% VIVARA 21.41 — 0.00% COMPASS 24.71 ▲ 1.10% VAMOS 3.13 ▲ 1.29% SANB11 27.00 ▼ 0.77% ASAI3 8.36 ▲ 1.33% SBSP3 28.60 ▼ 1.31% WALMEX 49.15 ▼ 0.47% GMEXICO 209.54 ▲ 4.34% FEMSA 226.99 ▲ 0.01% CEMEX 22.07 ▲ 0.87% GFNORTE 185.80 ▲ 3.22% BIMBO 59.39 ▼ 0.18% TELEVISA 9.70 ▼ 0.10% AMX 22.76 ▲ 0.09% GAP 378.85 ▲ 0.17% ASUR 274.96 ▲ 0.22% OMA 225.89 ▼ 0.24% KOF 181.05 ▲ 0.13% GRUMA 282.60 ▼ 1.74% KIMBER 38.40 ▲ 0.03% SQM-B 64,540 ▲ 2.25% COPEC 6,450 ▲ 4.03% BSANTANDER 79.01 ▲ 3.84% FALABELLA 5,919 ▲ 0.75% ENELAM 84.53 ▲ 0.50% CENCOSUD 2,028 ▲ 1.66% CMPC 1,084 ▲ 1.67% BANCO CHILE 190.01 ▲ 1.89% LATAM AIR 24.20 ▼ 0.86% YPF 80,625 ▲ 1.80% GGAL 7,965 ▲ 1.53% PAMPA 5,475 ▲ 3.89% TXAR 679.00 ▲ 1.27% ALUAR 973.00 ▲ 1.41% TGS 9,710 ▲ 2.21% CEPU 2,340 ▲ 2.23% MIRGOR 16,775 ▼ 2.04% COME 42.87 ▼ 0.19% LOMA NEGRA 3,605 ▲ 0.91% BYMA 292.25 ▼ 0.51% TELECOM ARG 4,255 ▲ 2.65% ECOPETROL 16.53 ▲ 3.09% BANCOLOMBIA 83.64 ▲ 3.49% GRUPO AVAL 5.09 ▲ 2.83% CREDICORP 391.10 ▲ 1.10% SOUTHERN COPPER 188.01 ▲ 7.39% BUENAVENTURA 31.25 ▲ 3.96% MERCADOLIBRE 1,823 ▼ 0.53% NUBANK 14.39 ▲ 2.86% XP 16.85 ▲ 0.30% PAGSEGURO 9.58 ▲ 3.12% STONE 11.26 ▲ 1.21% GLOBANT 32.10 ▼ 0.59% TECNOGLASS 45.15 ▼ 2.08% GAP AIRPORT 217.68 ▲ 0.26% ASUR 274.96 ▲ 0.22% OMA AIRPORT 104.23 ▲ 0.21% AMX ADR 26.09 ▼ 0.04% FEMSA ADR 130.35 ▲ 0.26% CEMEX ADR 12.70 ▲ 1.68% PETROBRAS ADR 18.54 ▲ 1.92% VALE ADR 14.25 ▲ 1.06% ITAU ADR 8.40 ▲ 0.96% SANTANDER BR 5.40 ▲ 0.56% AMBEV ADR 3.11 ▲ 0.97% CSN 1.01 ▼ 0.50% GERDAU 4.64 ▼ 0.85% LATAM ADR 51.58 ▼ 0.31% BTC 65,559 ▼ 1.42% ETH 1,919 ▼ 0.48% SOL 77.28 ▼ 1.06% XRP 1.14 ▼ 0.59% BNB 570.21 ▼ 0.59% ADA 0.17 ▼ 0.32% DOGE 0.07 ▼ 1.25% AVAX 6.51 ▼ 0.78% LINK 8.60 ▼ 0.51% DOT 0.84 ▼ 1.16% LTC 46.72 ▼ 0.20% BCH 220.88 ▼ 1.26% TRX 0.33 ▲ 0.05% XLM 0.19 ▼ 1.88% HBAR 0.07 ▲ 1.99% NEAR 1.88 ▼ 3.00% ATOM 1.47 ▼ 1.22% AAVE 96.56 ▲ 1.03% SELIC 14.25% EMBRAER 82.76 ▲ 0.13% EMBRAER ADR 65.47 ▼ 0.70% JBS 11.95 ▼ 0.67% JBS BDR 60.22 ▼ 0.94% MBRF3 15.07 ▼ 0.26% MBRFY 2.95 ▲ 1.37% INTER 5.58 ▼ 0.71% EGX 53,932 ▼ 0.11% USD/ZAR 16.47 ▲ 0.09% USD/NGN 1,376 — 0.00% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 163.10 ▼ 0.03% USD/CNY 6.7723 ▲ 0.23% DAX 25,170 ▲ 0.63% CAC 8,453 ▲ 1.08% FTSE 10,739 ▲ 1.45% MIB 52,782 ▲ 0.95% IBEX 19,622 ▲ 1.25% STOXX 647.36 ▲ 0.65% EUR/USD 1.1413 ▲ 0.08% GBP/USD 1.3361 ▼ 0.13% SPX 7,509 ▲ 0.89% DJI 52,225 ▲ 0.74% NDX 29,155 ▲ 1.93% RUT 2,987 ▲ 1.53% TSX 35,369 ▲ 1.17% VIX 17.51 ▲ 2.70% USD/CAD 1.4090 ▼ 0.11% US10Y 4.6340 ▲ 0.13%
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Wednesday, July 22, 2026

Chile Prepares for Constitutional Vote

By · November 8, 2023 · 2 min read

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Chilean President Gabriel Boric has set a referendum for December 17th, where citizens will vote on adopting a new draft constitution.

This action could replace the existing constitution from Augusto Pinochet’s era.

The Constitutional Council, leaning to the right, revised the draft, which received final approval on November 7th.

Beatriz Hevia, from the Republican Party, handed the draft to President Boric. She emphasized its focus on freedom, justice, dignity, and equality.

The proposed constitution centers on critical rights such as freedom of conscience, expression, property, life, education, and teaching.

These are essential to Chile’s societal contract.

This draft is seen as more conservative, especially regarding the unborn’s rights, which has raised concerns about abortion laws.

Currently, Chile permits abortion in specific cases. President Boric, on social media, stated that Chileans will ultimately decide on this constitutional change.

He urged voters to learn about the draft and vote, highlighting its importance for Chile’s future.

This is the second attempt at constitutional reform after a previous draft was rejected in 2022. The country’s current constitution from 1980 is still in place.

The previous proposal had suggested equal gender representation in government roles and autonomy for regional administrations.

Chile Prepares for Constitutional Vote. (Photo Internet reproduction)
Chile Prepares for Constitutional Vote. (Photo Internet reproduction)
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It also put forward a public system for essential services while allowing private alternatives.

The majority voted against the earlier draft, revealing a reluctance to embrace new reforms.

Research suggested that the president’s popularity had a significant effect on the vote. Now, Chile faces a crucial decision that will shape its legislative and societal direction.

Background

The initial constitutional proposal in 2022 envisioned a transformative Chile. It aimed for equal gender representation and recognized indigenous rights.

The proposal also sought to decentralize power, giving more autonomy to local governments. This reflected a shift towards acknowledging regional diversity.

Public services like education, healthcare, and pensions were to be nationally managed. However, this provision allowed for private-sector participation.

The referendum on this proposal saw a decisive rejection, with over 61% voting against it. This was the first mandatory vote in Chile since 2012.

The rejection was partly attributed to concerns over changes to the pension system. The proposed end to individual pension fund capitalization was controversial.

It challenged the existing system where people save independently for retirement.

President Boric’s approval ratings also influenced the outcome. In August 2022, 56% disapproved of his administration.

The upcoming vote presents another critical juncture. Chilean citizens will again decide the trajectory of their nation’s governance structure.

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