As I understand it, Peru (whose currency actually appreciated) now has a larger US dollar reserve than Chile after this action. There is what only 26.000 million left after blowing 25.000 million and 5.000 million previously.
Burric, Marcel, Grau are out of ammo and when the market speculators overrun this act, we are FUBARed into the next decades.
I’m beginning to think my theory on the thrashing of the Chilean peso back on February 5th just might be true.