In turn, the operators estimate that the next week the exchange rate will be $ 672.5.
The end of the year is approaching, and many are beginning to think of Christmas gifts or travel abroad. Taking into account e-commerce boom, purchases in this way and abroad are always a good solution, so knowing more or less how much the dollar will be at the end of December can be an advantage … and already experts. They have a price for the exchange rate for that date.
According to the Financial Operator Survey (EOF), which was conducted from Tuesday to Wednesday this week, it showed that, on average, experts expect the dollar to be in Chile at 2850 days, and is similar to the level currently quoted.
In turn, a poll distributed by the Central Bank estimates that the exchange rate will be $ 672.5 a week.
Annual inflation expectations are reduced
The results of the evaluation of another issuer's institute that advises people who are responsible for financial decisions in various capital market institutions show that inflation expectations were reduced from 3% to 2.8% by the end of 2018, for example, as suggested by Diario Fianciero.
This was confirmed by the forecast, which in November and December prices show a zero change. Thus, the average of the responses provided by operators in the last two months of the year indicates a PCI of 0%, while the ninth decile tends to slightly increase by 0.1%.
Gradual increase of rates
With regard to the development of the monetary policy rate (MPR), the EOF points out that at the meeting of the Central Bank Board held on 4- In December, the exchange rate remained unchanged at 2.75%.
Thus, operators estimate that there will be three increases in 2019, which are next January, with a TPM of 3%. Then in May it will reach 3.25% to reach 3.5% by the end of the year.
The process of withdrawing monetary incentives will continue in 2020, when respondents expect the rate to reach 4%.