The dollar closed in Santiago money markets at 456.6 Chilean pesos on Thursday, up from 434.1 Chilean pesos a week ago. This rapid gain comes in the wake of Chile's Central Bank's announcement ...

The exchange rate could fall as low as CP$510, anticipate some Santiago money market analysts. Although the Chilean peso depreciated 22.3% with respect to the dollar in 2008, since the beginning ...

This case serves as a reminder of the importance of checking the legitimacy of offers before giving away large sums of money.