EL7.AI
ForexMedium•13 November 2026•
1 min read

Chilean Peso Hits 19-Month Low as Copper Prices Slump and US Dollar Strengthens

Key Facts

1The Chilean peso fell to its lowest level in 19 months against the US dollar.
2The Chilean currency was negatively impacted by falling copper prices and expectations of sustained high US interest rates.

The Chilean peso fell to its lowest level in 19 months against the US dollar. Investing.com reported that the Chilean currency was negatively impacted by falling copper prices and expectations of sustained high US interest rates.

This decline occurred as US economic data released on November 10, 2026, showed the Consumer Price Index (CPI) reaching 337.511, exceeding the forecast of 337.02. Additionally, the US monthly inflation rate was recorded at 0.4% on the same date, strengthening the US dollar against emerging market currencies.

Federal Reserve Chair Kevin Warsh is scheduled to deliver a speech on November 16, 2026, an event that may provide further signals regarding the path of US monetary policy and its impact on emerging market liquidity.