Chile peso ends at its weakest since early Dec on dollar buys

SANTIAGO Thu May 16, 2013 1:41pm EDT

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SANTIAGO May 16 (Reuters) - Chile's peso slipped to its weakest level against the U.S. dollar this year on Thursday, a sharp turnabout from the year-and-a-half highs it hit in April, as foreign and local banks bought greenbacks in the local market.

The peso lost 0.42 percent to bid 480.00 per dollar, it weakest since the beginning of December.