Economy & Business - July 2004
CHILE: Central bank expects stronger copper prices
The central bank expects to revise its forecast for the copper price upwards again. In May it raised its forecast from US$1.00 per pound to US$1.18. The central bank president, Vittorio Corbo, said that he did not want to pre-empt the official revision, but he was confident that both the copper price estimate and the growth estimate would rise.
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