08-09-2017 19:16 via rocketnews.com

EMERGING MARKETS-Chile peso falls the most in four months as copper drops

By Bruno Federowski SAO PAULO, Sept 8 (Reuters) – The Chilean peso on Fridayposted its worst daily drop in four months as traders questionedwhether a rally in copper that has underpinned the currency’srecent upswing was justified. The peso weakened 1.1 percent to 620 to the dollar,snapping a string of four straight days of gains but still neartwo-year highs. The move came on the heels of a decline in prices of copper,a key export, as traders booked profits on a 20 percent s
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