Dollar’s Rise and Peso’s Fall in Chile
Recently, the US dollar has surged in Chile, reaching CLP$959.63, influenced by a strong global US dollar and a revealing...
February 5, 2024Section
Chile News in English
Chile news in English from The Rio Times — Santiago politics, economy, copper markets and culture.
Chile Acts Against Wildfires with Emergency Measures
Chile's President Gabriel Boric declared a state of catastrophe in Valparaíso and Marga Marga provinces due to rampant wildfires.
February 4, 2024
Optimism for Chile’s 2024 Economic Prospects
In December, Chile's economy unexpectedly dipped by 1%, prompting government reassurances from the Finance Minister.
February 2, 2024
Chile Steps Up Monetary Relief with Major Rate Drop
Chile's Central Bank has significantly lowered its key interest rate by a full point, quickening monetary easing efforts for another...
February 1, 2024
Chile’s Unemployment Trends in Late 2023
Chile experienced a rise in its unemployment rate, reaching 8.5 percent in the final quarter of 2023, as reported by...
January 31, 2024
Chile’s E-commerce Sales See Significant Decline in 2023
Chile's retail e-commerce saw a 20.1% decline in 2023, including a 7% decrease in the fourth quarter, says the CNC.
January 30, 2024
Chile Eyes Major Rate Cut Amid Slowing Inflation
Chile eyes major rate cut soon. This aims to ease money policy as inflation slows, showing a strategic shift
January 26, 2024
Tesla’s Debut in South America Amidst Market Competition
Tesla Inc. is set to launch its first South American store in Santiago's upscale Parque Arauco shopping center.
January 23, 2024
Chile and EFTA Revitalize Trade Pact
In the latest news, Chile and the European Free Trade Association (EFTA) have successfully refreshed their trade agreement.
January 23, 2024