Chile keeps interest rate at 11.25 % to contain inflation
The Central Bank of Chile agreed to maintain the monetary policy interest rate (TPM) at 11.25 percent yesterday, Friday.
May 13, 2023Section
Chile News in English
Chile news in English from The Rio Times — Santiago politics, economy, copper markets and culture.
Chile presents bill to raise standards for pursuing illicit money trail
Chile presented the bill "Economic Intelligence against Crime" this Thursday, which seeks to raise the standards to pursue the route...
May 12, 2023
Chilean Government decrees “red alert” in the Araucanía region
Chilean Undersecretary of the Interior Manuel Monsalve has recognized that the region of La Araucanía is living in a "red...
May 11, 2023
Chilean market projects economy to fall by 1 % in the second quarter of 2023
Chilean market analysts projected a 1 percent drop in the local economy in the second quarter of 2023, the Central...
May 11, 2023
Chile: Boric says he will not change “direction” after right-wing victory in the constituent vote
Chilean President Gabriel Boric said Tuesday (9) that he would not change his government's "direction" after the right wing's expressive...
May 10, 2023
Foreign direct investment in Chile increased 34 percent in first quarter of 2023
Foreign direct investment (FDI) in Chile reached US$7.286 billion in the first quarter of 2023, a 34 percent annual increase...
May 9, 2023
Argentine oil company YPF and Chile’s ENAP sign agreement to resume crude exports
The Argentine oil company Yacimientos Petrolíferos Fiscales (YPF) yesterday signed an agreement with Chile's Empresa Nacional del Petróleo (ENAP) for...
May 9, 2023
Inflation in Chile slowed down, and the CPI pierced 10% year-on-year in April
By Juan Pablo Álvarez April inflation in Chile was 0.3% month-on-month and stood at 9.9% year-on-year. The Consumer Price Index...
May 8, 2023
What Chile’s government lithium policy means for the future of the electric vehicle industry
The global boom in electric vehicle production has caused demand for lithium-ion batteries to skyrocket. That has made Chile's vast,...
May 8, 2023