CCTV.com - CNTV English - CCTV News


Homepage > News > Biz >

Chile concerned over strong peso but rejects buying dollars

04-22-2011 15:00 BJT

SANTIAGO, April 21 (Xinhua) -- Chilean Finance Minister Felipe Larrain said Thursday the government is concerned over the strengthening of the Chilean peso against the dollar but ruled out that the government will take any capital measures to revert the dollar exchange rate.

"There is interest and concern over the direction of the dollar," Larrain told reporters, but said the government had adopted no particular policies for the moment and for the government to do so there would have to be a "very significant" change to the dollar rate.

"This is outside Chile that is pushing the dollar and in our country, like in others, we are a pole of attraction for capital," he said.

The currency exchange rate Thursday opened at 466.5 Chilean pesos against the dollar, appreciating against the dollar from the rate of 467 pesos reached Wednesday.

In early January this year, the central Bank of Chile announced it planned to purchase 12 billion dollars to inject in Chile's economy during 2011 in an attempt to keep the Chilean peso from appreciating any further against the dollar.

Editor:Yang Jie |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program