Fixed Income

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Reuters first with Chile central bank news

Reuters first with Chile central bank news

Reuters in Chile was 25 minutes ahead of Bloomberg and 15 minutes faster than Dow Jones with market-moving news of moves by the central bank to curb a sharp appreciation of the country’s peso currency. The bank announced on Nov 4 it was changing foreign investment limits for pension funds, allowing them to spend more of their $138 billion under management in non-domestic assets. The Reuters story took some of the steam out of the rise of the peso which had been strengthening on the back of the U.S. Federal Reserve’s move to print more dollars.

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