How much will the dollars be in the next seven days, according to the operators?

A sharp upward correction has made known the predictions of the experts for the evolution of the exchange rate. This is clear from the results of the Central Bank's Financial Operators Survey, which is the first half of July.

Analysts expect the dollar to average $ 646.50 over the next seven days, a significant increase. compared with the forecast of $ 630 for the same horizon in the survey last month.

The upward correction makes sense given the sharp rise the dollar has seen in recent weeks because of the fear generated by the trade war and the fall of

Analysts consulted by the US government. The issuer also projected that the exchange rate would average $ 640 over a 28-day horizon, significantly more than the $ 623 calculated in the previous sample.

background, the dollar began trading in the local banking market at a $ 653.10 point of sale, down $ 1.4 from Friday's close.

Rising Rates

With respect to inflation, there are no major changes and the expectation of a 0.2% CPI for June is maintained. In 12 months there is a slight change and the calculation went from 2.85% to 2.9%.

As for the price of money, there are changes. Although the frozen rate is kept at 2.5% for the meeting this month and the next two, the people consulted expect the Central Bank to raise its interest rates by 25 points. basis at 2.75% at the December meeting.

The EOF addresses the persons responsible for the financial decisions of each institution invited to participate in this survey. These institutions belong to the local banking sector, pension fund administrators, insurance companies, investment dealers, mutual funds and foreign entities that actively operate with Chile.