Chilean peso (CLP)
1 articleMonetary references to CLP point to the Chilean peso used across Chile. The monetary framework is administered by the Central Bank of Chile. Cash uses the main unit in banknotes and coins, while the centavo accounting subunit remains relevant mainly to formal denomination or accounting. The centavo remains the formal subdivision even though ordinary cash use is centered on whole-peso denominations. Articles grouped here should address the currency as a monetary instrument, not merely mention the country, issuer or a temporary market quotation.
Latin American Currencies Recover as Fed Rate Hike Bets Fade
Latin American currencies edged higher against the US dollar as traders scaled back expectations for a Federal Reserve rate increase, with commodity prices helping to cushion regional equity markets from deeper losses