March 16, 2020 / 4:50 PM / in 18 days

Chilean central bank slashes interest rate to 1% amid coronavirus blow

SANTIAGO, March 16 (Reuters) - Chile´s central bank said on Monday it would cut its interest rate to 1% from 1.75% in an extraordinary measure motivated by the global coronavirus outbreak.

In a statement the bank said the unanimous decision was taken amid a “rapid and significant deterioration” of the Chilean economy because of coronavirus and the associated global financial turbulence. (Reporting by Aislinn Laing Editing by Chizu Nomiyama)

Nuestros Estándares:Los principios Thomson Reuters
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below