Thursday, July 12, 2007

Chile stocks slip, peso hits 14-mo high eyeing rates

(Reuters) - The Chilean Central Bank is widely expected to raise its
benchmark lending rate on Thursday afternoon to 5.25 percent
from the current rate of 5 percent.




The anticipated move, which has strengthened the peso and
dampened the stock market, is seen as the most likely response
to rising inflation.


Read more at Reuters.com Bonds News

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