Chilean Peso Falls 12% Against Dollar, Driving Inflation

Chile's currency depreciation of 12% against the USD raises import costs, fueling inflation concerns. Explore the economic impact in our detailed analysis.

A visually striking graph depicting the depreciation of the Chilean Peso against the U.S. dollar, se
Chilean Peso Falls 12% Against Dollar, Driving Inflation

Chile's currency has depreciated about 12% against the U.S. dollar in the past year, impacting inflation due to increased import costs.

Source