Closes at two years high and collects an increase of $ 46 in August



national 2018/09/02

Dollar does not stop rising: it closes at biennial highs and comes out at $ 46 in August

The US currency added the fourth consecutive increase, during which it rose $ 25.1 on the local foreign exchange market.
At the highest level since June 2016, the dollar closed Friday on the local foreign exchange market, given the continuing trade tension between the United States and China, which was accentuated by the turbulence in currencies of the region, particularly Argentina. The US dollar ended in points of $ 683, 0 seller and $ 682.70 copper, after raising $ 4.90. In August, the North American currency collected an increase of $ 46.
Today, the green note added its fourth consecutive increase, in which sessions he raised $ 25.1 locally. While the Mexican peso and the Brazilian real reported strong declines in the previous days, the trans-Andean currency jumped more than 15% yesterday and dropped to a record-which has lost half of its value so far this year. Another element of pressure on the Chilean currency this month was the deterioration of the copper price, the largest shipment in the country, which was affected by doubts about the demand from China – the world's largest consumer of the metal – because of the commercial conflict that he holds with the United States

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