Three Reasons to Consider the Chilean Peso

Investments in China and Brazil are a bit overdone at the moment. Where can an international investor seek higher rates of return? Try the Chilean peso.
1. Chile’s economy is absolutely booming. It is expected to grow by 5.1% this year and rise to 6.1% next year (extensive copper export)
2. Accelerations by a healthy employment rate
3. The phenomenal increases in employment are helping increase the country’s corporate investment and spending. But more importantly, the gains in the labor force are helping to support income growth and personal spending. Chilean domestic consumption skyrocketed in the first three months of the year — vaulting higher by over 11%.
As the Chilean economy expands, higher consumer prices are inevitable — but so are higher central bank rates
Read more: Three Reasons to Consider the Chilean Peso http://dailyreckoning.com/three-reasons-to-consider-the-chilean-peso/#ixzz15uMDv1i3

Read more: Three Reasons to Consider the Chilean Peso http://dailyreckoning.com/three-reasons-to-consider-the-chilean-peso/#ixzz15uHpuK9x