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Chile's peso strengthens as copper prices rise
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Chile's peso strengthens as copper prices rise
Mar 13, 2024 8:48 AM

SANTIAGO, March 13 (Reuters) - The Chilean peso

strengthened 1.65% against the U.S. dollar in mid-day trading on

Wednesday, driven by climbing copper prices.

Chile is the world's top producer of the red metal.

Copper prices rose more than 2% on the London Metal Exchange

to their highest level in seven months after Chinese smelters

agreed to cut output.

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