Reuters logo
Chile cenbank only weighed rate hold in Nov.- minutes
November 28, 2012 / 11:41 AM / 5 years ago

Chile cenbank only weighed rate hold in Nov.- minutes

SANTIAGO, Nov 28 (Reuters) - Chile’s central bank only considered keeping its key interest rate on hold as an option in November, when it held it steady at 5.0 percent for a 10th consecutive month, as expected, minutes of the meeting showed on Wednesday.

The rate remains within a neutral range and the decision to keep the rate steady was unanimous, the minutes said.

Rates have stayed on hold since a cut in January largely because the world’s No. 1 copper producer has shown better-than-expected resilience to slowing demand from top trade partner China and fallout from the euro zone’s crisis.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below