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Chile cenbank intervenes to stem peso appreciation
January 3, 2011 / 9:25 PM / in 7 years

Chile cenbank intervenes to stem peso appreciation

SANTIAGO, Jan 3 (Reuters) - Chile’s central bank will start a $12 billion purchase plan to ease the economic impact of a sharp appreciation of its peso currency, the bank said in a surprise announcement on Monday. (Reporting by Brad Haynes; Editing by Leslie Adler)

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