Chile peso opens weaker in wake of surprise interest rate cut

SANTIAGO Fri Oct 18, 2013 7:36am EDT

SANTIAGO Oct 18 (Reuters) - Chile's peso opened roughly 0.38 percent weaker in opening trade on Friday, shedding strength a day after the central bank surprisingly cut its key interest rate to 4.75 percent.

It was trading at 495.80 pesos per U.S. dollar on Friday morning.