(Bloomberg) -- Chile's peso weakened as investors
expected to see money outflows from pension funds selling local
assets to buy international stocks and bonds.
President Michelle Bachelet this week announced that
pension funds would be allowed to hold 45 percent of their
assets in foreign holdings, up from 30 percent.
Read more at Bloomberg Currencies News
expected to see money outflows from pension funds selling local
assets to buy international stocks and bonds.
President Michelle Bachelet this week announced that
pension funds would be allowed to hold 45 percent of their
assets in foreign holdings, up from 30 percent.
Read more at Bloomberg Currencies News
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