Chile's IPSA fell 0.84% to 10,811.51 on June 17 as the U.S. Fed's higher-rates signal lifted the dollar and pressured copper and the peso.
Key facts
Chile’s IPSA index closed down 0.84% at 10,811.51 on Wednesday, June 17, a loss of about 92 points.
The slip ended a steady stretch and came after the U.S. Federal Reserve’s harder line on interest rates.
A surging dollar weighed on copper and the peso, the twin anchors of Chile’s market.
The move was small, and the index stayed comfortably above its long-term trend line.
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