Thursday, June 14, 2007

Chile Peso Strengthens Against Dollar After Copper Jumps on Supply Concern

(Bloomberg) -- Chile's currency strengthened after
prices for copper, the country's biggest export, jumped as
miners plan to strike at state-owned Codelco mine.

``The price of copper has been very strong, and it appears
will continue to remain that way,'' said Alfredo Coutino, senior
Latin America economist at Moody's Economy.com.


Read more at Bloomberg Currencies News

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