The situation in Chile is not calming down and investors are clearly losing patience. Protests that started in October have turned violent with at least 23 reported dead and above 2000 injured. These protests have intensified this week as authorities chose to confront the protesters and human rights organizations alarm about a growing number of violations. Uncertainty about the situation and severity of impact on the economy exerts a downward pressure on the currency that is down another 2% today. USDCLP is nearly 14% up last month and was trading close to 840 today – the highest level in history.
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.