Chilean Peso (CLP)
a.k.a. CLP
Chile's currency, code CLP, which often moves with the price of copper.
In plain English
Chile's currency, code CLP, which often moves with the price of copper.
The Chilean peso (CLP) floats freely. Chile is the world's largest copper producer, so the peso often rises and falls with copper prices and with Chinese demand.
It is an emerging-market currency, more volatile than the majors.
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