How much will the dollar be at Christmas



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For their part, operators estimate that over the next week, the exchange rate will be $ 672.5

The end of the year is approaching and many are beginning to think of the Christmas present or the trips to outside Given the boom of e-commerce, purchases this way and abroad are always a good option. That's why it can be beneficial to know more or less what the dollar will be at the end of December. They have a price for the exchange rate for that date.

According to the Survey of Financial Operators (EOF) conducted between Tuesday and Wednesday of this week, it has been shown that, on average, experts expect the Chilean dollar to be $ 670 in 28 days , which is similar to the levels to which it is currently quoted.

For its part, the survey published by the Central Bank estimates that the exchange rate will be $ 672.5 in another week.

Annual inflation expectations are reduced

Another result The measure of the issuing institute, which consults officials responsible for financial decisions in various institutions of the capital market, shows that inflation expectations for the end of 2018 have been reduced from 3% to 2.8%, as envisaged by Diario. Fianciero.

This, supported by a forecast where prices would show zero variation in November and December. Thus, the median of the responses provided by the operators indicates a CPI of 0% during the last two months of the year, while the ninth decile leans towards a slight increase of 0.1%.

Graduality of the rate hike

With regard to the evolution of the monetary policy rate (MPR), the EOF indicates that the rate in force would remain stable at the meeting to be held between December 4th and 5th. Central Bank Board, at 2.75%.

Thus, operators estimate that there will be three increases in 2019, the next in January, where the TPM would be 3%. Then, in May, it would reach 3.25% to end the year at 3.5%.

The process of withdrawal of monetary stimulus measures would continue in 2020, the year in which respondents expect a closing rate close to 4%. ] [ad_2]
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