He Central Bank of Chile (BCCH) has announced at the last minute of Tuesday that maintains your interest rates without changes in 5%as expected.
The entity does not vary from the last meeting of 2024when it decicated to cut them at 25 basic points to 5%. This is the Fourth consecutive meeting in which no changes are made.
BCCH statement
News in elaboration …
Chilean weight reaction
The Chilean weight (CLP) has not moved after the publication, which was already discounted by the markets. The USD/CLP has closed Tuesday with a strong climb to 19 -day maximums in 945.85, driven by the information that aimed at an intervention by the United States against Iran. At the close, the par quoted over 945.48, winning 0.97% in the day.
Economic indicator
BCCH interest rate
The interest rate and monetary policy, announced by the Central Bank of Chile It is the cost of money and the measures taken by the Central Bank to achieve important economic objectives. This rate affects a range of interest rates set by commercial banks, construction companies and other institutions for their own borrowers and depositories. Any change in the tendency observed in the declaration that accompanies the decision on interest rates will affect the volatility of but Chilean. Usually, the bank is firm with respect to the inflationary perspective of the economy and increases the types, this is bullish for the CLP, while a perspective of reduction in inflationary pressures will be bassist for the currency.
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Last publication: Mar Jun 17, 2025 22:00
Frequency: Irregular
Current: 5%
Dear: 5%
Previous: 5%
Fountain: Central Bank of Chile
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
