# Making hay while the sun shines | Fondsinfo.be

> A Fondsinfo commentary says Chile's peso is sensitive to copper prices, which make up over half of Chile's exports, and that the central bank raised rates by 225 basis points between July and October. It projects USD/CLP at 800 in three months and 840 in 12 months, and sees limited scope for sustained peso outperformance.

- Date: 2021-10-21 · published 2021-10-21T12:00:00.000Z
- Category: market · region Chile · magnitude low
- Page: https://feedsoft.ai/events/44840-making-hay-while-the-sun-shines-fondsinfo-be
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

The piece is about Latin American currencies and copper, with no direct mechanism moving feed grain supply, demand or prices.

## Sources

- fondsinfo.be: https://www.fondsinfo.be/en/articles/675861-making-hay-while-the-sun-shines

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.